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by seibaby 1557 days ago
Forgive my naivety, but if one person wants to continue working on a FOSS codebase and the other wants to leave, can't the former just let them keep their worthless stake as the company goes out of business, start a new company, rehire the same staff, and resume work?
2 comments

I doubt they can also take the assets, of which there are (at least) codebase, name, graphics, and domain name. Forking is AOK though, but that's a bit like starting from scratch.
If the company has the money and the continuing founder doesn't, how do they afford to "rehire the same staff"? If company money gets used, the courts that eventually get involved would likely treat the new company as owned by the old.