RescueTime (YC 08) CEO to step down
techflash.comAll of us at RescueTime want to wish Tony the best of luck!
We will still be seeing Tony on a regular basis as he continues working on some special RescueTime projects, so hopefully we'll get the early scoops ;)
This is quite an achievement. I really long for a day my startup can turn into a company which does not need me in order to succeed. That would be a major personal victory for me!
Seems like Tony's achieved it. Congrats!
why is he stepping down when RescueTime is doing so well?
> Wright said he's leaving RescueTime at a period of strong growth, with quarterly revenue averaging 51 percent over the past four quarters. About 600 to 1000 users sign up for the product every day, with an increasing number of Fortune 500 companies signing on in order to get a better understanding of how their workforces function.
Sell high, buy low!
Well? What's cooking webwright? :-)
Nothing yet. Truthfully, a lot of stuff is cooking with RescueTime that I'm going to keep working on (and am genuinely excited about)... But the day to day CEO tasks are going to shift to Joe and I'm going to start thinking about my next chapter.
To the person who replied below about size-- RescueTime is still pretty small-- we haven't felt a lot of pressure to grow and have really focused on keeping the service lean (related: this is one of my favorite graphs on the interwebs-- check out #7: http://37signals.com/svn/posts/83-traffic-vs-employees ).
Thanks for all the warm wishes guys. Truly feels good!
Super product, it's the one service on the net that I'm actually scared to sign up for :)
Kudos for a great idea and a fantastic execution, very curious what you come up with next.
Good luck for your journey, Tony!
He says, "My happiest times are on small, fast-moving teams. It's very hard to get that feeling at larger companies. Spinning up something new is definitely on my list of possibilities."
Perhaps RescueTime has gotten too large for him.
Neat, this is the perfect service I've been looking for. WHy? Because I spend WAY too much time here looking at all the cool things in the world when I should be focusing on my functional specs/coding/etc.