Tony Fadell: Leaving The Nest →

JUNE 10, 2016

Tony Fadell:

Today though, my news is bittersweet: I have decided that the time is right to “leave the Nest.”

While there is never a perfect time to transition, we’ve grown Nest to much more than a thermostat company. We’ve created a hardware + software + services ecosystem, which is still in the early growth stage and will continue to evolve to move further into the mainstream over the coming years. The future of Nest is equally as bright given the strong and experienced leadership team in place, as well as the two-year product roadmap we’ve developed together to ensure the right future direction.

Although this news may feel sudden to some, this transition has been in progress since late last year and while I won’t be present day to day at Nest, I’ll remain involved in my new capacity as an advisor to Alphabet and Larry Page. This will give me the time and flexibility to pursue new opportunities to create and disrupt other industries – and to support others who want to do the same – just as we’ve done at Nest. We should all be disrupters!

There’s a lot drama written already about Fadell’s exit at Nest. One question though that keeps popping up in my mind: Better invest in growth or delivery? Well, let’s see what’s next for Nest and Fadell.

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