Duncan Riley Leaves b5media
The news of Duncan Riley's departure from b5media has been broken on b5's external blog. No details are given and the post is couched in minimalist terms for such a loss : thanks and all the best. It's hard to guess from what we know, but Duncan posted on his perblog yesterday to the effect that he was "shocked by Toronto" (b5's new base) and had left for New York tight-lipped and promising to write about it when he returned to Western Australia. Darren Rowse remarked "meeting Jeremy for the first time was surreal". That's about as ambiguous as it comes, especially from a practiced writer like Darren. Martin Neumann at The Blog Herald is puzzled why he left when the company had received VC finance. I'd say that was the moment when they could afford to buy him out. This has probably been going on for a while and when the VCs came in, his 25pc shareholding would have been diluted. He may have been happy to walk with a decent payoff. At the back of it all, though, my guess is that there's been a long-running personality clash between CEO Jeremy Wright and Duncan over many aspects of the business. Clashes sap the strength of any enterprise and maybe it's for the best in the long run. On a personal note : I started blogging professionally on Duncan's Weblog Empire, which became part of b5 at its inception. I left for personal reasons, but mainly because, as a long-term freelance, I found the b5 experience a bit confining. If Duncan feels the same way, I can understand that. Syntagma wishes Duncan great success in his new career whatever that may be. I've a feeling it won't be long before we know all about it.
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