Aug 16 2007
Since February, I’ve been video blogging for Podtech as much as possible. It started with me covering RSA for them and continues today with my coverage of Black Hat and Defcon. I’m not going to be rich off of this work any time soon, but it’s definitely allowed me to go to events I might never have been able to attend otherwise. One of the big reasons I got this opportunity was thanks to John Furrier, who has now stepped down as the CEO of Podtech.
I’ve talked to some of my friends recently about the different stages a company goes through in its life cycle. There’s the initial start up, the growth phase, the maintenance phase, and eventually the shut down phase. I’m sure there are a lot more phases than that, but this is my own rather simplistic view of it. Each phase has it’s own requirements and skill sets necessary to be successful. John’s strength is in the start up of a company and creating a vision of what that company is capable of becoming. He’s the guy who’ll get everyone excited about the potential and vision. But that’s not necessarily the kind of guy you need to be running a company as it moves from being a startup to being a growth company with many years ahead of it.
It takes a lot of guts to be able to admit that it’s time to move on, to hand something you’ve built from the ground up to someone else to manage. John Furrier’s done the right thing and is turning the company over to someone who’s more skilled than he is at the growth phase. It’s something that had to happen sooner or later, and now was probably a better time than later. Now John can move on to the next great idea and get more people excited about it.