If the author owns the code, it's very easy for him to quit without incurring any losses and might simultaneously destroy the company. It's better that the comp

If the author owns the code, it's very easy for him to quit without incurring any losses and might simultaneously destroy the company. It's better that the company own the code and license it to the author as needed for other projects. I would imagine the author would have considerable equity - so it should not be such a big deal.