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Podcast: REWORK
Episode: A Spin-off Story
Description: In the podcast, REWORK host Kimberly Rhodes talks with 37signals co-founders, Jason Fried and David Heinemeier Hansson, about their journey spinning off products. They stress the value of keeping contracts simple and how once the handover is done, it's best to take a hands-off approach and let the new team run things. They share their experiences with boards and underline the need for trust and flexibility. Key Takeaways:00:43 - The steps they took to transition "Know Your Company" into its own independent entity.04:49 - Contracts don't offer as much protection as p...