What you say makes sense if there actually is a corporate shield.
Because “startup” is often used in a weak sense only to mean “new business,” there may not be corporate protections for the beneficial owners of this startup.
If it is a Silicon Valley style startup, then the founders probably ought to talk to their investors because that relationship matters and the investors probably know something about open sourcing code bases from shut downs.
Comments
What you say makes sense if there actually is a corporate shield.
Because “startup” is often used in a weak sense only to mean “new business,” there may not be corporate protections for the beneficial owners of this startup.
If it is a Silicon Valley style startup, then the founders probably ought to talk to their investors because that relationship matters and the investors probably know something about open sourcing code bases from shut downs.