These letters always feel kind of insincere. I can't imagine anyone really believes its a good thing when a founder is replaced. It seems like these kinds of posts are written for internal consumption. The same way you write a nice resignation letter to your boss, even if you're quitting because he's an asshole.<p>I don't mean that as a knock towards @adamsmith though. I know he's just going through the requisite motions.
What's up with these types of news lately where Founders are leaving their baby before taking it to the final destination or continuing the amazing journey?<p>Few days ago it was RescueTime's founder, and now today it's Xobni.<p>I'm more interested in understanding the true psychology/thought-process of these founders leaving their companies in someone's hands when it's already on a good path. Do they get tired or bored of working on their idea? Or do they get more excited about new opportunities.<p>The main concern is, what about their persistence and "don't give up" attitude as an entrepreneur? When they will go for starting new business, will investors, partners and employees will trust these guys again that they will stay in that new business until it reaches to successful destination?<p>Just curious to know what goes in the minds of these founders when they take such decisions...
OT PSA: Under-25 fees for car rental are negotiable. Whoever is working can choose to waive the fee. As always, being (or seeming) willing to walk out helps.
Good luck in your next project! I still remember reading the old blog posts of yours, when you started working in the dorm, then boston, then san francisco and LCD screen real estate.
Take care - I know you will succeed!