| > Meanwhile, my cofounder is rewriting code we spent millions of salary on in the past by himself in a few weeks. Code is not an asset it's a liability, and code that no one has reviewed is even more of a liability. However, in the end, execution is all that matters so if you and your cofounder are able to execute successfully with mountains of generated code then it doesn't matter what assets and liabilities you hold in the short term. The long term is a lot harder to predict in any case. |
Code that solves problems and makes you money is by definition an asset. Whether or not the code in question does those things remains to be seen, but code is not strictly a liability or else no one would write it.