Atlas Obscura founders removed from board
3 days ago
- #AI integration
- #leadership changes
- #corporate restructuring
- Louise Story's initial success as CEO of Atlas Obscura was acknowledged by co-founders Joshua Foer and Dylan Thuras with a gift basket.
- Relationships between the co-founders, CEO, and investors deteriorated due to differing visions for the company.
- Foer and Thuras were effectively pushed out of the company they founded, with Thuras leaving in September and Foer expressing frustration.
- Common stock shareholders voted to remove Foer and Thuras from the board, replacing them with new members.
- Story implemented significant changes, including layoffs and a shift in editorial strategy towards user-generated content and AI integration.
- These changes led to staff dissatisfaction, with some employees publicly expressing grievances.
- Despite internal turmoil, the company reported two profitable quarters and is focusing on enterprise value creation.