SimpleClosure says 47% of its deals now include code or data sales
An October 13th report found the shutdown-service company had handled more than 150 Asset Hub deals. One founder received about $25,000 for code, while a separate workspace-data sale was still pending.
By Ryan Merket · Published
Primary source: MIT Technology Review
Why it matters
Startup wind-downs are becoming a source of proprietary training data, creating a new recovery path for founders while raising unresolved questions about employee consent, who receives the proceeds and whether real archives measurably improve AI.
Dori Yona built SimpleClosure around a problem he encountered as a founder: when a startup is running out of runway, closing it can mean navigating lawyers, accountants and paperwork without a clear guide. The company has since added a market for the code and workplace records left behind when startups shut down.…