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Hasan Sukkar, the Founder of ai startup 11x, heavy by his role as CEO, Sukkar announced on LinkedIn This morning. Prabhav Jain, 11x’s Cto, was called CEO New CEO.
Sukkar moves in a “President” Presser, wherever you will be working with a “sight-related vision, live relationships, they help 11x in any way” in the favor. ”
“I spent a lot of time thinking about what you need to go on a crescent scale of fastening in a fastening scale” I like 11x and believe in our mission. We have a massive opportunity forward. But sometimes, love your company means that to pass the CEO BAX of the run. ”
As well as Techcrunch reported first in March, 11x at that time had been shown in its customers’ website that were not active clients, and one of the kisses were threatened to choke themselves to marriage. Other sources also said techcrough than product 11x had problems and company had completion with retention of customers. Some employees also described the startup as a grueling place to work.
The company lifted over $ 70 million investors, including A $ 24 million series a LED from Saraah Tavel, a Longime investor with Benchmark, and A $ 50 million series b LED by Andessen Horowitz.
Joe Schmidt, the partner a16z that was part of the 11x Dealdoubles publicly in their support for company and their CEO, Send it on X in March that the loving “Hasan and all team at 11x”, and the “team, product, and meters are classes in the world.”
Tavel also has Posted on X, saying: “As a member of the advice, I saw the nearby progress, and our conviction in the team and opportunity is stronger than ever.” Last week, tables, which is joining the overall bank as a general partner in 2017, also announced her would take place of venture partnera more limited role to historical firm.
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A portapasso for 11x they are sending a long emails that explains that change was intended to place the right person in the role of the CEO for a new grade role.
“CTO current, FMR. BREX EXC. Founder Prabhav gain is weighed in the role of the CEO, with The crecce hasan sukkar in a new role as president not executive “wrote 11x sprooks
Benchmark and a16z did not respond immediately to a request for an additional comment.
Charles Rolet has contributed report. I am