Sunday, January 5All That Matters

Linus stepping down as CEO of LMG

19 Comments

  • This is a wise decision on his part. The best thing any founder can do is understand your own strengths / limitations and bring in people who can properly carry the things you can’t. Too many productive companies have floundered because the founders wouldn’t let go when it needed to be run like a proper company.

  • Makes a hell of a lot of sense. He likes to be involved with things, having to be CEO *and* trying to be creative and presentative of things means he’s been stretching himself incredibly thin.

    He’s smart enough to hand off corporate and business responsibility without losing control of the company. It should be interesting to see how working with an ‘old friend’ is going to work for him.

  • Kind of silly, he doesn’t need a CEO, he needs a real COO. Sounds like that’s what he got, but just making up funny names for whatever reason.

  • Linus’ transparency about running a company like this has been really great. He is very quick to give credit to others when it is due and very open about his own flaws but at the same time isn’t overly humble about the things he IS good at.

  • Being in charge of everything is exhausting. It’s hard as hell to decide to hire a CEO of something you built but in some cases necessary to keep growing. Hope it works for the best.

  • Good for Linus! I appreciate that he has the understanding to know where he wants to be, and where he doesn’t.

    Life isn’t about climbing an endless ladder, it’s about finding where you like to be and being there.

    Contentment walks hand in hand with happiness.

    Stay Blessed out there!

  • Huge respect for him in recognizing his own weaknesses and entrusting the company to someone more experienced. I was worried at first this video was going to be like Hacksmith Industries where a mental breakdown is causing the change in leadership. Happy to see Linus doing well.

  • Interesting that he mentioned pay transparency. This was a legitimate issue the was called out, having someone who understands employment law and business management and is dedicated to that formal side will very likely be good for the company.

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