Startup Genome Project states that, there 92% startups fail within 3 years.[1]<p>According to CBInsights there were ~8000 <i></i>deals<i></i> in 2015.[2]<p>If we combine the above two facts and do a very conservative assessment, there will be at least 7000 failed companies.<p>I have a very simple question - What happens to the codebase of these companies?<p>Can we do something with it?<p>[1] - http:&#x2F;&#x2F;blog.compass.co&#x2F;discover-the-patterns-of-successful-internet&#x2F;<p>[2] - https:&#x2F;&#x2F;www.cbinsights.com&#x2F;research-venture-capital-2015
Ask HN: What happens to the codebase of a failed startup?