As some of you may have seen or heard, one of our co-founders, Justin Hunter, has decided to step away from the company. He did so selflessly and in the interest of the company, and as hard as it is for us to accept, it was the best path forward for SimpleID.
Running a very early-stage startup is hard, and fundraising for said startup is even harder. Both become exponentially more difficult when you factor in a pandemic. COVID-19 has fundamentally changed the way companies do business. It’s made investment teams reconsider their investment strategies. It’s flat-out made it harder to raise a seed round. As such, we expect it to take longer than we expected before SimpleID will be able to finish fundraising. That timeline, had Justin not stepped away, would have been much more difficult to keep the company afloat. His departure significantly extends our runway.
To be clear, nothing about Justin’s departure has anything to do with our feelings toward each other and the work we all did together. We have been and continue to be friends. We want to thank Justin for everything he did to make this company what it is. We can’t wait to see what he does next, and we can’t wait for you to see what we do next!
Thank you, Justin! We appreciate your selfless decision to step away from the company. It was undoubtedly the best path forward for SimpleID. Running a startup is hard, especially during a pandemic, but your departure significantly extends our runway. We are grateful for everything you’ve done and excited to see what you’ll do next!
What were the reasons behind Justin’s decision to step away from the company? Can you provide more details?
It’s understandable that Justin had to step away considering the challenges of running a startup during a pandemic. I’m sure it was a tough decision for him, but it’s commendable that he did it in the best interest of the company. Wishing him all the best in his future endeavors!
It’s unfortunate to hear that Justin decided to step away from the company, but it’s commendable that he did it in the best interest of the company. Running a startup during this pandemic is challenging, and fundraising has become even more difficult. I believe Justin’s departure will provide SimpleID with a better chance to secure the necessary funding. Thank you, Justin, for your contribution to the company. All the best to you in your future endeavors!
It’s always sad to see a co-founder step away, but it’s great that Justin made this decision selflessly for the company’s best interest. Running a startup during a pandemic is tough, and fundraising becomes even more challenging. I hope SimpleID continues to thrive and Justin finds success in his next venture!
It’s always tough when a co-founder decides to step away, especially in such challenging times. Justin made a selfless decision for the sake of the company, and I admire him for that. Best of luck to him in his future endeavors, and I’m excited to see what the company has in store for us!