A few months ago, Dan Kohns CEO made a promise to a small but vocal group of investors: he would step down as CEO.
He didn’t make any promises for the next four years.
But when asked about his plans at TechRadars 2017 conference in San Francisco, he said, “I will be leaving.”
He said that while he’s not leaving the company, he will be taking time off to focus on other things.
“I will take a break from my life to take some time away from the business and focus on a few things,” Kohn said.
“I have a couple projects that are going to take me a little bit of time, but I am not leaving.
I have been really blessed with the people at the company.”
Kohn has been a Silicon Valley success story.
He made his first startup investment at a young age and built it into one of the top 10 tech companies in the world, earning him an estimated $100 million in revenue.
He was named the best CEO of 2016 by the New York Times.
Kohn is known for his outspoken support of the tech community, including his support of President Donald Trump’s immigration ban and for his work on building out the U.S. military.
He has also made a name for himself by leading companies like Airbnb, Uber, and Lyft to increase their valuation.
Kahn is also one of only a handful of CEOs in the United States who have taken their company private.
He and his co-founders, Peter Thiel and Brian Chesky, bought the company for $20 million in 2012.
Kounos departure will be followed by a few more exits at the start of the year, including that of Chief Operating Officer Jason Ritter, who will leave his position as the company’s CEO in February.
It will be interesting to see how the company evolves, as Kohn did not take a public position on the current political climate or what the future holds.