Bridger PenningtonFund Launch & Investment Expert

I just got replaced as CEO of my own company

26 Jul 2023 · 1 min

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Bridger Pennington stepped down as CEO of his company Fund Launch, which has 40-50 employees. He brought in Aaron Wooden to test the role, and sales improved during that month. The move lets Pennington focus on his hedge fund and student work instead.

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I just got replaced as CEO at my own company. Now, Fund Launch has between 40 and 50 employees and contractors. And to be honest, it's been hard for me to do a bunch of content like we're doing, run my hedge fund, and also run Fund Launch. So over the last few months, we beta tested Aaron Wooden to be the CEO of Fund Launch. And actually, I went to Europe and Asia and flew around the whole world to just leave and let him run the company to see what would happen. And in that month, we had one of the best sales months of the year. And it helped me realize maybe I'm the biggest reason that Fund Launch isn't growing because I'm so distracted by running my hedge fund and doing other projects. And also, maybe there's somebody else that can run this business better than I can. So as of a few days ago, we made the full transition and made Aaron our brand new CEO of Fund Launch, which gives me way more time to work with students inside of Fund Launch and run my own hedge fund as well.