Yancey Strickler, cofounder and CEO of Kickstarter, announced his decision to step down from the company.
Strickler is one of three founders at Kickstarter. He replaced former CEO Perry Chen in early 2014. Prior to becoming CEO three years ago, Strickler performed a number of duties at the organization, from team building to community service
“Since 2014 when I became CEO, we made several great leaps: tripling the total dollars pledged to projects, launching Kickstarter to creators in 16 countries, and building an exceptional team of leaders at every level. Now we’re looking for someone who can push us to make our next great leaps,” Strickler said in a blog post.
Based in New York and founded in 2009, Kickstarter has evolved as a go-to site for crowd funding which to date has facilitated more than $3 billion in pledges across a myriad of projects and numerous other products via Kickstarter all under Strickler’s guidance
Union Square Ventures, Jack Dorsey, and other investors pumped funds into the company along the way. In 2015, Kickstarter morphed into a public corporation, listing its shares on the NYSE. Indeed, this allowed it to protect itself while addressing the needs of a wider society, instead of answering to its board and shareholders.
With Strickler leaving the organization, the current health of the company may come in to question.