m2mapps

It was recently discovered that a co-founder had taken around $10k of money from our company bank account two years ago for personal use, and had covered it up without telling any of the other founders. As of today, all co-founders but him have resigned from the company due to severe financial difficulties.<p>We have recently discovered that he has set up another company and is planning to release a product that has been developed by the original company employees. This means that the original shareholders are excluded from any benefits derived from the original company. Is this ethical and/or legal?

From Apple: "As of May 1, all new iPhone apps and app updates submitted must support the 4-inch display on iPhone 5."

I built a throwaway iOS messaging app that so far has over 2 million downloads.

User retention and engagement is low because the app relies on the built in iOS messaging components.

HackerNews, what should I do with this asset?

I developed a throwaway iOS app in my spare time that has accumulated over 2 million free downloads.

At the moment user engagement is low as it is a basic app that uses the built-in iOS SMS component, but I'd now like to take it to the next level.

I'm based in the UK, what are the next steps?