The power that (coders/doctors/mechanics/opticians/dentists/security professionals) is reminiscent too. That is why we people gain a trade.

HN would be in uproar if someone wrote a blog saying - hey you don't need a CTO to launch your tech startup, just read my blog on Visual Basic and away you go.

Start ups ask people to invest their lives into the enterprise. The least you could do is get proper fucking legal advice to ensure your employees and co-founders are covered.

Or don't. And get raped by either the taxman or a VC legal counsel.