I've met guys like Billy. His goal is not to get customers with this code. His goal is to get investors. And, I wouldn't be surprised if he succeeds. He helped

I've met guys like Billy. His goal is not to get customers with this code. His goal is to get investors. And, I wouldn't be surprised if he succeeds. He helped the team win Startup Weekend with a seemingly effective presentation, after all. Further, I wouldn't be surprised if his plan now (that it's become clear his developer team wants nothing to do with him) is to raise money with the prototype built at Startup Weekend, and then trash it and start over, so he believes he is free of the obligations he agreed to in order to get the code (that 0.4% stake everyone agreed to). Investors always ask who else you have equity and economic obligations to...and I'll wager he neglects to mention the situation with 8 devs owning a total of 3.2% of his company. Regardless, dude's a douche hat, and I would hope nobody would fund him. Nobody smart would, since he's not gonna be able to deliver a product worth selling.