Escrow clauses are perfectly normal for commercial software and services, for en... | Hacker News

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justincormack on Sept 16, 2012 | parent | context | favorite | on: Grove.io shutting down

Escrow clauses are perfectly normal for commercial software and services, for enterprise contracts.

It probably needs to be a contract, as the liquidators might ignore it if it is just a statement, depending what happens to the company.

protomyth on Sept 16, 2012 [–]

Escrow clauses also get rid of the incentive not to use the product since it will be open sourced anyway. The code only goes to those who paid for it.

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