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by david-given 3979 days ago
Well, judging from my experience...

- failed startups don't just stop, they go into administration and get auctioned off, which means someone else owns the IP.

- proprietary source usually contains licensed copies of other people's source, and sorting out who owns what and what's safe to release requires a surprising amount of time and money.

My previous place had a tonne of interesting IP, all of which is now owned by a VC company who will never, ever do anything with it. I'd have liked to open source it if we could have, but it was a total nonstarter. shurg