Warhol copied a rejected club concept and launched his own venue
Evidence
Murray the K, whose involvement with the project was not yet known, would later tell the Times that Warhol had âwanted to come in with his films, but I said, âMy God I canât have these movies of guys with whips and this whole fetish thing.â So he [Warhol] took our idea and opened his own placeââwhich is roughly what happened. â J. Hoberman, Everything Is Now, 834