This is not reflective of the truth. Having been added as a co-founder of Code4Startup for months, I incorporated the company, raised funds from 500, rebranded and redesigned the site, elicited project creators, helped turn on a subscription service for the company and the list goes on. I don't like to speak negatively about any one so I will leave it as ultimately because there was a breach of trust, the partnership ended.
I carried over only my work and what I was entitled to as a legal co-owner of the company, including my design work, only projects that Brandon (my first hire at my previous startup Rocketrip YCW14) and I worked on over to my new company that remain backed by 500 Startups because of the trust they placed in me.
Believe it or not, Brandon and I are in this for the mission to contribute to practical project-based learning for anyone to create real products and learn how to code, and from that perspective, your comments are hurtful. We hope our projects can benefit more people out there and it is our belief that more online schools that focus on creating real products like Udacity, Thinkster, Udemy, Watchandcode and so on should exist.