zlacker

Losing the CEO must not push significant number of your staff to throw hissy fits and jump ship - it doesn't instill confidence in investors, partners, and crucially customers.

as this event turned into a farce, it's evident that neither the company nor it's key investors accounted much for the "bus factor/problem" i.e loosing a key-person threatened to destroy the whole enterprise.

for me this a failure in Managing Risk 101.