Aptos founder leaves for ‘mental health break’ after six-figure vesting
Aptos Labs co-founder Mo Shaikh has announced his resignation as CEO, stating that he will take “much-needed time to reflect on where the world is headed and to think deeply.” He has seemingly timed his exit perfectly, leaving just after his mid-six-figure compensation package vested. Shaikh co-founded the APT coin-supporting company three years ago with Avery Ching who will succeed him as CEO. Since its launch, Aptos has raised $400 million in venture capital funding . During his “much-needed time to reflect,” Shaikh plans to dial in as a strategic advisor for Aptos, “continuing to support the company’s mission and growth.” 24 hours into the bear market and the Aptos co-founder capitulates his company to take a mental health break. Unbelievable — Cold (@Cold_xyz) December 19, 2024 In his announcement, Shaikh comforted his former coworkers while conveniently failing to mention his compensation package. “I will always remain a champion of Aptos,” he swore. ...