So what happens when a founder leaves like this, do they give up their % ownersh... | Hacker News

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		tdicola on April 21, 2014 \| parent \| context \| favorite \| on: Results of the GitHub Investigation So what happens when a founder leaves like this, do they give up their % ownership and the other founders gain what was lost?

jessaustin on April 21, 2014 [–]

I suppose it depends on how the articles of incorporation are written up, but I really doubt it would work that way. It's more likely that the leaving founder will become a sort of silent partner, retaining equity but not managerial input.

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