- Just because you founded a high-flying tech company doesn’t mean you can’t be asked to leave.
- Steve Jobs himself was once ousted by Apple (or left voluntarily, depending on who you believe), and spent years running his own company before coming back into the fold as CEO.
- More recently, Uber co-founder Travis Kalanick was ousted as CEO, following a year of scandals for the company.
- Here are 8 tech executives who were once ousted from the companies they helped to build.
Just because you founded one of the most successful tech companies in the world, it doesn’t mean that job security is automatically guaranteed.
Steve Jobs was once ousted from Apple (or voluntarily left, depending who you ask), spending years running his own startup before returning to the fold as CEO. More recent examples include Uber cofounder Travis Kalanick, who left the company after a year of scandals, and Martin Eberhard, the ousted cofounder of Tesla.
They weren’t the only ones, either.
Take a look at 8 tech executives who were ousted from companies they helped to build:
This article was originally written by Meira Gebel.
Apple cofounder Steve Jobs famously left (or was ousted, depending on who you believe) in 1985, after clashing with CEO John Sculley. 12 years later, Apple bought Jobs’ startup NeXT Computer, bringing him back into the fold.
Perhaps ironically, Jobs orchestrated an ouster of his own: Just months after returning to Apple, Jobs convinced the board to oust then-CEO Gil Amelio. Jobs became CEO in 1997, and the rest is history.
Source: Business Insider
Uber founder Travis Kalanick resigned as CEO in July 2017, following many months of scandals for the company.
Kalanick left Uber in July 2017, following a long string of scandals — from a #DeleteUber campaign that saw hundreds of thousands of people delete the ride-hailing app, to allegations of a toxic company culture from former engineer Susan Fowler, and more.
Kalanick resigned under pressure from Uber’s board and has been dabbling in a variety investments in the time since. In March 2018, Kalanick created an investment fund named 10100 — pronounced “ten one hundred” — and announced that it had purchased a controlling stake in City Storage Systems, a real-estate startup. A year later, reports surfaced that Kalanick and City Storage Systems had launched a food-delivery startup, CloudKitchens.
Jack Dorsey founded Twitter with Ev Williams in 2006. Two years later, Williams fired him from the CEO role — even though it was Dorsey who came up with the idea for the micro-blogging site in the first place.
But this didn’t stop Dorsey from founding $31 billion Square, the mobile payments platform, in 2009. Facebook CEO Mark Zuckerberg even tried to hire Dorsey after he left Twitter.
However, in 2015, Dorsey was brought back to Twitter as interim CEO, taking over for former leader Dick Costolo. Not long after, Twitter dropped the “interim” from Dorsey’s job title.
Dorsey is now the CEO of both Twitter and Square, and splits his time between the two companies during the week.
Source: Business Insider
See the rest of the story at Business Insider
Uber's former CEO Travis Kalanick was ousted after the company became entrenched in scandals — here are 7 other tech execs who were cast out from companies they helped build (AAPL, TSLA, GRPN)