I did this once. We were a 3 man team and 2 of us decided to call it quits. We each got a perpetual, total licence to all the IP invented to date including copies of code (it was all software, nothing physical). We then gave a new company, which the third co-founder owned 100% of, total rights to everything. We then wound up the initial Ltd company we had formed. The third co-founder then went on to work on a pivoted version of the idea and recently got a $1m+ seed funding round. He spent well over 18 months working with new partners on that so it&#x27;s 100% his success and neither of the two of us that left have any hard feelings.<p>Ultimately, if you believe in it, stick at it. If not, walk away and realise that opportunity cost is a very real thing and hanging around for years is very expensive.