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I was approached and asked to become the then to-be-set-up company’s first employee (yes, an employee, not a technical co-founder).

I think if you were an employee, you should have been paid. If you were brought in to work on spec in the hopes that the company would land some investment, you should have pushed for an ownership stake in the company.




The thing is he wasn't, he was only asked to be an employee. So, the developer still owns all rights to the code in this case.




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