story
No, maybe different perspectives on what "the code matters" means.
In this context, I took it to mean that "code being closed/open does not matter", because the context included leaking the source.
I see you're taking it to mean "code being good/bad does not matter", because the context included a startup product.
We're talking at cross-purposes. There are two assertions here:
1. The code being good/bad (or even existing) is irrelevant.
2. The code being closed is important.
Both those assertions can be true at the same time.
My point is that the code, if it exists, is a recipe for solving some profitable pain point. In that case, there is absolutely no upside to making it open, and so the code does indeed matter.