I have been hearing the rumor for a long time now, but I saw the status update on Facebook and then turned into John Furrier’s blog to read the news that he is stepping down as CEO of Podtech.  I like John. I can hang out with John. He is a smart guy and built the beginnings of a success story while fueling the growth of social media adoption by big technology companies. I have a lot of friends at Podtech, and I hope this bodes well for their future potential (as well as John’s, because he has been working his ass off).

Many have speculated that this was a requirement for Podtech to get new funding (was that Valleywag?), but that is still unknown and probably never will be.  Podtech has a tough transition ahead to reposition/re-energize the brand and find a business model that will work for them, their investors and their customers. There are many opportunities still in the technology side of the house, but I understand they largely have a content focused team so this is going to be a real challenge.

Bottomline, they are my friends, so I wish them well…

UPDATE: Chris Brogan has a nice story on this where I added a long comment I need to turn into a blog post…