Signal founder Moxie Marlinspike steps down as CEO

Over the past few months, Signal founder Moxie Marlinspike has spoken to candidates who may take over as CEO of the company. This is what Marlinspike revealed in a Publish about quitting his role over the next month, where he spoke of struggling to do almost anything on his own before the Signal Foundation was formed four years ago. The foundation provided the encrypted messaging app with $ 50 million in funding from WhatsApp co-founder Brian Acton, giving Signal the money it needed to be able to hire people and grow.

Before getting access to funding, Marlinspike said he wrote all Android and server code, facilitating all product development and fixing any issues the service might have on its own. Now, he said, Signal is a group of 30 people who each have their roles, and he can turn his phone off without having to worry about the service imploding. “In other words, after a decade or more, it’s hard to overstate how important Signal is to me, but now I feel very comfortable replacing myself as CEO based on the team that we have, and I also think this is an important step for the expansion on Signal’s success, ”he wrote.

Marlinspike will remain on Signal’s board and focus on finding the next CEO for the service over the next month or so. For now, Acton will be the interim CEO. While he spoke of the move as a step towards Signal’s expansion, he didn’t say exactly why he was stepping down from his role. TechCrunch thinks it may have something to do with MobileCoin, a cryptocurrency built into Signal and allowing users to send digital coins to each other through the app. We also don’t know what Marlinspike will do next, only developer on Twitter that he “takes a break for a bit.”

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