HackerTrans
TopNewTrendsCommentsPastAskShowJobs

sad_cofounder

no profile record

Submissions

Ask HN: We are shutting down our startup, I get our code. What now?

382 points·by sad_cofounder·há 7 anos·211 comments

comments

sad_cofounder
·há 7 anos·discuss
Thanks for being blunt, sometimes you need to hear it like it is.

As you say, I will reject this interpretation a tad, but that is because I have knowledge I cannot share here. But some kind of idiot, that I have been. Just need to analyze it pinpoint what kind.

Also, would you mind to share a story when you have been a clueless complete idiot and what you learnt from it? I think that would counter the tone of your comment and help others that being blunt can be helpful.
sad_cofounder
·há 7 anos·discuss
This list will help me with all the steps I need to consider now, later and in the future.

Thank you duelingjello. I have a lot to learn and it's becoming obvious I need some time to grow and this will definitely help me.
sad_cofounder
·há 7 anos·discuss
Sad Co-founder here, first, thanks so much for all the (still incoming) answers. This is invaluable for me to be able to fully learn and move forward from this experience. To answer some the overall questions I've seen;

* The company will be completely shut down, no more b-corp.

* I own < 50% of the company

* My co-founder will continue based on our last pivot minus my technical knowledge.

* I would love to be able to chill on this for a while, but my co-founder want to move forward and close our old business down by the end of this year so that he/she can close all tax/business stuff.

* My co-founder invested money to pay our designer / product owner, I invested my time.

* We had no real customer traction due to our (now in retrospect, bad) decision to pivot away from the app we worked hard to release, not maintaining it and work on v2 of it instead. It sucks because through my co-founder, we had serious reach through social platforms such as Instagram, but we also knew the initial business model couldn't scale so we had to pivot.

* Deep inside I knew our code would be a hard sell and I see the bigger picture now. Thank you all for zapping me out of it. I do think that cross-platform WebRTC integration has some value, but as some of you point out, my knowledge is probably more valuable than the code it self. I will reach out to all of you who have pinged me. I might be up to join as a contractor for some time, to help out with knowledge transfer / maintain the code.

* Since my co-founder will still work within the same market, I can't open-source the code without causing friction I'd say. So might not do that.

* I consider my co-founder a really close friend so it is of high importance for me to keep our friendship intact. For us to be able to do that, I need to figure out what is fair so all of your comments really helps!

I'll keep on answering questions as they come. Again, thank you all for your answers.