Re:Ask HN: I'm giving away my startup taketake.com for free ...
by heymatty on Friday April 01, 2011 @11:25AM
(#2396580)
We're not giving away 100% of it. We don't want to have an active role anymore and are willing to give away a majority equity stake to a qualified and competent team who would be taking charge of it. It's almost as if we were taking another co-founder on board. But because we would be taking an advisory role, it's just fair that (after vesting) the new people in charge have the majority stake in it.
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