Michael Arrington, founder of Arrington Capital, announced on Twitter that he will no longer serve as a board member of the new company Celsius. Arrington Capital investor and advisor Ravi Kaza will take over.
It is reported that this comes 13 days after agreeing to join the board of the Delaware-based company formed by Celsius. Michael Arrington stated that he left because he did not agree with some decisions made regarding the board's bylaws, especially the decision regarding the board observer.
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