[HN Gopher] Ask HN: Solo founders, what's your got-hit-by-a-bus ...
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Ask HN: Solo founders, what's your got-hit-by-a-bus strategy?
If you're the sole person in charge of codebase, hosting, support,
etc. - what sort of measures do you have in place to support your
users/customers in the event that your life is unexpectedly taken?
Apologies for the morbid question. I suspect this is a real concern
that is shared by many solo founders.
Author : herodoturtle
Score : 17 points
Date : 2022-05-22 19:30 UTC (3 hours ago)
| alvest wrote:
| Putting your code and documentation into a third party source
| code escrow is a common solution.
| iqkznnft wrote:
| Code is not a company.
| notpushkin wrote:
| It is still some legacy you can leave behind.
| iqkznnft wrote:
| I understand, but my point is that if your company as a
| "got hit by a bus" problem, having the code in third party
| escrow is probably not gonna solve that. It kinda suggests
| to me that someone who believes that putting the code in
| escrow is a solution to that problem, also believes that
| the biggest problem with the founder getting hit by a bus
| is that only the founder knows where the code is. That's
| not the biggest problem, not even close.
| iqkznnft wrote:
| Look before you cross.
| yourad_io wrote:
| I grew up in a somewhat vehicularly lawless society where
| mopeds going the wrong way down a one-way street are an
| everyday phenomenon.
|
| I legitimately look _thrice_ before crossing: expected traffic
| side, other side and back once again.
|
| I am paranoid about getting hit by a bus/car/...
|
| I'll likely be done for by a falling piano.
| [deleted]
| version_five wrote:
| I think it's often a poor focus for founders, until you have a
| real leadrship team in place and naturally have distributed
| responsibility. Companies dealing with startups are assuming some
| risks and should be aware of that. There are more highly probably
| events (going out of business for example) that your time is
| better spent mitigating. So my opinion is don't worry about it if
| you're a 1 person or small operation, just accept that there is a
| risk, and be honest with customers if it ever comes up.
| Tretioh wrote:
| Why?
|
| I don't think you would be in any relevant position at all to
| care about a startup which is run by you in case you die.
|
| Your family can't run it, others can't just take it over and you
| are 6 feet under.
|
| Get life insurance and stop worrying about this if you haven't
| brought the company far enough yet.
| marginalia_nu wrote:
| Once we are dead, our legacy is what is left of us. Since it
| all amounts to nothing, might as well try to make a dent in
| history. Maybe we'll be one of the ones people are still
| quoting two thousand years later without even realizing it
| ([... do]lorem ipsum dolor sit amet).
| jstx1 wrote:
| Sounds pretty vain and pointless.
| altdataseller wrote:
| Nobody even thinks about your legacy after you're dead.
| Nobody has that much time. They're all worried about
| themselves.
| alvest wrote:
| You can work with a lawyer to put your business in a trust so
| that if something happens to you the trust and trustee take over
| operations.
| spacemanmatt wrote:
| I feel like this is something that solo founders don't address
| because continuity is a concept that attaches to shared assets.
| Once someone else cares enough to be involved the founder is no
| longer solo.
| rozenmd wrote:
| I run a business that entitely runs itself on cron.
|
| I guess the customers that ask for support would just churn, but
| the stable set of customers that know what they're doing would
| keep enough cash in the accounts to keep the lights on until AWS
| permanently shuts down.
| ezekg wrote:
| Or until your credit card expires and AWS switches your account
| off.
| altdataseller wrote:
| No measures at all. If I die, the business will most likely die
| as well. Since it's not a huge business that can support lots of
| employees, the impact to my family will be negligible too
| PaulHoule wrote:
| There is always _Apres Moi Le Deluge_.
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(page generated 2022-05-22 23:01 UTC)