Canadian YouTuber Linus Sebastian is best known as the man behind something very popular. Linus tech tips The channel announced that he is stepping down as CEO of the company he helped found and has run for the past decade.
In a 10-minute video titled “It’s time,” Sebastian announced that he would no longer be in charge of Linus Media Group as of July 1st. Linus Media Group Linus tech tips Not just shows, but companies like Creator Warehouse and Floatplane Media as well.
“I’m tired because I wasn’t made to do this kind of thing,” he says. “I got tired of being like, ‘I really can’t do this anymore. ‘ And if I try to stay in management for another 10 years, I’ll probably destroy myself and possibly the company I love so much in the process.” And I know it’s going to kill the community.”
Of course, he’s not leaving the show or YouTube entirely. If he was, we would have said it outright. Instead, he will take on a new position called “Chief Vision Officer.” It’s a “stupid, BS-like, hoax job title,” he admits, but it will allow him not only to keep making videos, but possibly even appear.of more Because it eliminates the need to focus on all the business attached to the CEO of a company with about 100 employees at the time of publication.
Interestingly, Sebastian said that at the same time he made this decision, Linus Media received a $100 million “sale” offer, which was received in the form of 60% cash and 40% stock. Yes (unpublished). ) purchasing company. But Linus turned them down, citing a variety of factors, including the fact that they liked working for the company as they were, and the fact that they were already super wealthy. It was to be.
Former Corsair Terren Tong will succeed Sebastian as CEO.
