In what is already a tumultuous journey, founders leaving the companies they started are events that inevitably shake up startups. And the reason they choose to leave also says a lot about the state of the company. Based on why a founder chooses to go, one could say he or she pulled:
A ‘Travis Kalanick’ or a ‘Binny Bansal’: When a founder has been found guilty of misconduct as in the case of the Uber CEO or the Flipkart CEO
A ‘Jack Dorsey’: For non-performance, like when the Twitter CEO was fired in 2008 for spending too much time on his hobbies (he re-joined the company three years later as executive chairman) rather than running the company
An ‘Elizabeth Holmes’: A founder whose string of lies and web of fraud gets discovered, leading to their resignation, much like the Theranos CEO.