"They are now contemplating a few purchase offers. I have no control or say over this process. There’s a lot of politics. I’m a builder, not a politician and I see no point in staying on."
The investors poured ~$15m into this company, and the board is now trying to fulfill its fiduciary duty by trying to recoup some of the invested capital. I understand that open-sourcing the code base would be a better outcome for its customers. However, I am having a tough time seeing if the investors were truly political or antagonistic in any way.