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I was in a similar situation a few years ago - not as badly burned out and wanting to quit, but having a strong desire to do something else after 17 years(!) on
by lazyjones 9y ago
I was in a similar situation a few years ago - not as badly burned out and wanting to quit, but having a strong desire to do something else after 17 years(!) on the same project, with me as sole founder and still major developer/"architect". We were also in acquisition talks back then and minor health issues (that turned out to be rather major ones later) didn't help.
What happened next:
* the acquisition - I discussed the possibility of leaving and insisted that the new owners obtain much more than just a slim majority, so I didn't have to worry as much about the future of the company if I left (it would have been annoying to have a major stake and no control, particularly as an opinionated ex-founder). It wasn't easy and my plans certainly didn't affect the price positively, but we found a good solution.
* I left rather quickly (a few months after closing the deal) and nominated a most suitable candidate for CEO who had been in the company for ~12 years. He's not a developer, but he's doing great and the company is thriving. They hardly ever need to ask me things about old code now. In hindsight, everyone is happy that a larger stake changed hands.
So, that's my recommendation based on personal experience. Stick around till the acquisition and make sure you can leave without causing major problems. Good luck! Remember that as a founder, you might misjudge/overrate how much the company actually depends on you.
PS. as for "other plans", life makes its own - I have been mostly dealing with my health issues lately, so it's safe to say I was better off beforehand. C'est la vie...