I have resigned as CEO and Chairman of PlayMotion due to circumstances that arose which would prevent me from being an effective executive for the company. Yes, there is a lot more to it than that, but as I learned a long time ago, some things just don’t belong in print (or type, in the case of a blog). It was a very difficult decision for me to make, considering how vested I was emotionally, mentally, and financially into the company (and more importantly, the people). We achieved a remarkable number of things – despite it all (not the least of which was record revenue/business).
I hope that I have left the company better off than on the day I assumed leadership responsibility for it. In fact, of that, I am confident. I would like to thank all of our employees for their hard work and dedication to the vision. It was a fun ride – brief – but fun.
I took a much needed rest over the past week or so, and have been giving some thought to what I will do next. I have already been approached by several investors and company-founders about getting involved in their startups, and that is pretty exciting. I may start another company, or perhaps pour my passion and energy into one of these existing startups, or maybe even explore some opportunities within the venture capital space (something I’ve been contemplating for a while).
Of course, none of this affects my involvement with StartupLounge (our non-profit organization focused on promoting fast-growth entrepreneurship in the Southeast). In fact, we have two more PitchCamp sessions coming up, and our next flagship networking event will be held on May 21st.
Note: if you’ve emailed me, and I haven’t responded, have patience …. I’m, shall we say, a tad bit behind. :)
In any event, I’ve learned quite a bit through all of this – as tragic as the ending was. I’m sure it will serve me in good stead down the road. One day, when I am sufficiently away from it all, I will try to capture some of those lessons learned for a blog post …