What's outrageous to me is the government has to pass laws to make sure the banks police their customers. It's non-sense. You should have the right to deposit money with no questions asked.

Law enforcement shouldn't have to rely on the banks to disclose anything to them unless they come with a court order and ask specific questions.

The laws are put a strain on day-to-day business for everyone and it's tiring.

We also want to see taketake thrive and we are doing everything we can to see that happen. My co-founder and I simply can't be leading it anymore. We're burned out and skid off our cash runway. We did take a week(s) off. This is not an easy decision.

By getting another team to take over, it's almost as if we were getting one/two other co-founders to come on board. My co-founder and I will take an advisory role and that's why it's fair that the new team gets a majority stake in the company. We would retain 10-15% of common stock each.

For people who are serious about it, have the right skillset and contact me by email this will be provided :)

It didn't cross my mind to be honest. Had much more serious stuff on my mind than April's fool when I posted this. It's not a prank.

It's 100% real and not a prank, but yeah I guess I should have waited a day before making my post.

We're not giving away 100% of it. We don't want to have an active role anymore and are willing to give away a majority equity stake to a qualified and competent team who would be taking charge of it. It's almost as if we were taking another co-founder on board. But because we would be taking an advisory role, it's just fair that (after vesting) the new people in charge have the majority stake in it.

Hopefully we can get a team to take over and then possibly be at Echelon in Singapore. We will see how things develop in the next few days :)

Good luck! And hope to catch you guys in Singapore :)

The site is not completely ready and we got stuck into that non-sense of making everything perfect before we opened it.

That's a cool idea and we will certainly consider it if we can't find a rockstar team to take over. Whoever wants to take over taketake would need to understand well the technology we built it with.

I'm hoping we can find a team to take over. My co-founder and I will certainly be there to help with all the technical stuff and the business model.

Well, made a lot of mistakes. Discovered the lean startup principles too late. We should have released an MVP earlier and iterate. Instead we were never really happy with what we built and started from scratch too many times. We became really frustrated with not being able to execute up to our expectations. Waited too long and slid off our cash runway.

I will probably write a more thorough post about it later on, but right now we're trying to focus on finding a team to take over and save taketake.