Hive Mind Founders Resolve Disputes, Begin Bromance Anew

November 2, 2012 -

Hive Mind founders Will Wright and Jawad Ansari have resolved their disputes in an amicable fashion, though details on how their issues were resolved were not disclosed. Back in June it was revealed that Ansari had sued Wright to maintain his 30 percent equity stake in the company. Ansari filed his lawsuit after - he claims - the directors of the company - including Wright and Raj Parekh, a managing director of Redwood Venture Partners - removed Ansari from the company. Wright counter-sued Ansari.

Apparently all of that is now water under the bridge.

"We are pleased to have reached a friendly and respectful resolution," said Will Wright in a statement. "Jawad’s entrepreneurial energy, passion for the expansion of the online game industry and tenacious execution brought the necessary elements together to build Hive Mind to where the operating team can take the Company forward."

"During my 18 years in the business I have never met anyone who has the creativity and vision of Will Wright," said Jawad Ansari in the same statement. "Over the period of several months working with Will Wright, Will’s mentorship helped me develop a deep understanding of players’ psychology and thus the ability to see the world in dimensions that I did not know even existed. For this I would always be thankful to Will!"

Wright will continue to work with Hive Mind and with his other company Stupid Fun Club, LLC, an incubator of online and media-related games. Ansari will focus on GCube Capital and the recently launched GCube Special Situation Fund.


 
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