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It gets sold of course. Unfortunately you need to be involved in the right circles to have a shot at grabbing any of the IP. If you are lucky enough to be in th
by thepangolino 7y ago
It gets sold of course. Unfortunately you need to be involved in the right circles to have a shot at grabbing any of the IP. If you are lucky enough to be in those you could grab it for as low as USD 1000.
- gravypod 7y agoI wish I was in those circles. It would be really fun and informative to buy up a bunch of the carouses of dead startups and do a code/architecture review. What ideas did this team have that was interesting? What's confusing in the code base? Would I repeat any of these things in the future.
- tzs 7y agoSometimes the people who handle selling off the physical assets of a failed company don't do a good job of wiping computers. When the '80s Unix workstation company Callan Data Systems went out of business, my developer workstation was auctioned off with a full copy of AT&T Unix source code on it. I wonder if people are more careful about this nowadays? I suppose even if they are sloppy, a modern workstation probably has an encrypted filesystem so the buyer is probably not going to get anything off it.