AI Startup 11x Appoint Prabhav Jain As CEO After Hasan Sukkar Step Down Because of Past Wahala
An AI startup wey dem call 11x, wey dem know for dia sales automation tins and get backings from big big venture capital companies like Andreessen Horowitz and Benchmark, don announce one big change for dia leadership. One of di pipu wey start di company, Hasan Sukkar, don leave as CEO and go be Non-Executive Chairman now. Prabhav Jain, wey be di former CTO and e don work for Brex before, na im be di new CEO now. Dis change happen after di company face palava wit keeping customers, how dia product dey work, and quarrel over showing logos of companies wey no be dia clients for dia website. Even with all dis wahala, 11x don raise over $70 million for venture funding, dem get $24 million for Series A and $50 million for Series B. Di main investors still dey support di company and dia leaders publicly. Di new leaders suppose push di platform to grow, make customer relationship better, and use di company strong money to expand more. Traders suppose watch how 11x dey stable and how dem dey perform, because change for leadership for AI and tech startups wey get plenty money fit affect how market feel and how pipu invest for tech.
Neutral
As the leadership change for 11x na serious inside change, di strong support wey big big venture capital firms like a16z and Benchmark dey give still make market calm down. Wetin don happen before show say wen leaders change for tech startups wey get plenty money, e fit cause small kasala for small time, but e no dey cause big big market problem for long time unless something serious happen with di business. Since investors still get mind and nobody talk about money or tech problem, di whole tin no go really affect crypto traders, and e no go too touch main coins or di wider crypto market.