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CyanogenMod turned into a company with their official ROM installer on PlayStore

CyanogenMod,well known for their custom modded roms,is declared to be now an official company,as announced by Steve Kondik (founder of the company).The new company also have Kirt McMaster (co-founder of Boost Mobile) as its CEO.The company almost achieved their first target that was to bring up a better ROM installer. It also received an intuitive funding of $7 million and its looking forward to enter in the race of OS behind Android and is, thereby declaring more competition for Blackberry and Window Mobile.

cyanogenMod

The company’s official ROM installer can now be downloaded from the Play Store link given below.This installer is associated with a desktop software which can also be downloaded for free for Windows PC

App’s PlayStore Link: https://play.google.com/store/apps/details?id=org.cyanogenmod.oneclick

PC Download : http://download.cyanogenmod.org/

Please feel free to drop us some comments about your experience

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3 comments

  1. Should we abolish incorporation and return to the two other business structures, single proprietorships and partnerships.

    Does the ability to hide behind an artificial entity make it easier for the real people who manage them to be irresponsible? I believe that it does and apparently so did the majority of our founding fathers.

    Of course, if we eliminate corporations, we would also have to modify the capacity to sue a company for frivolous reasons, which was the primary original purpose for incorporating in the first place. Would it be worth it to do so?

    What irks me, a former small businessman, concerning incorporation is that so few CEOs of large modern companies are the men or women who created them. I personally feel that a person who works in the corporate world for his entire life is much like a government bureaucrat and has no concept of the hardships that a true entrepreneur must endure to become successful. I also believe that it is much easier for a corporate leech to pillage a company that he merely works for than it would be for a founder of the company. It’s a matter of pride that a person who has never been through the process would not understand.

  2. When an investor gives money to a start-up company (or any company for that matter), how does it retain the original amount given? Does the company pay interest until the amount is covered, or does the investor get a stake in the company, or both?

    How much of a percentage would an investor who gives $10K to a start-up company hold in the company? Or can the company just choose to pay back the loan over a period of time?

    Basically, how do investors make their money off of companies?

  3. What happens to the employees of the smaller company? The small company is very successful, but a much larger company buys it. Do the employees of the smaller company get a payoff, or only the founder(s) of the small company?

    Small company = >25ppl
    Large Company = several hundred

    I know that every deal is different, I’m just wondering if there is any “typical” proceedure.

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