News for hackers. Stuff that matters.
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.

There are no comments on this comment yet.