I have a bootstrapped startup. A co-founder has joined me recently, he is a front end guy, and inclined on learning the backend stuff.
I have put in 6 months of effort building the entire codebase and business. He keeps asking me access to the source code?
If I give access to it, I fear I might loose all that which I have created. If things are good, as of now, everything might work well, but in case of disagreement, I can't go to his laptop/dropbox/drive and delete all the codebase.
OTOH If I put a blatant no on his face, he might feel bad, and get a feeling that I do not trust him.
What shall I do in this situation?
Since the business has not picked up, all the worth that my startup has is the source code. Once I get customers, they will be my worth. So how do I go about it?
If you can't trust your co-founder with the code base, then I wouldn't even think of co-founding the business with him. Maybe you should re-evaluate that first.