Was it a VC (= a partner at a VC fund) or an angel? This would be odd behavior from a VC. From a VC's point of view, your company would be "going sideways,"

Was it a VC (= a partner at a VC fund) or an angel? This would be odd behavior from a VC. From a VC's point of view, your company would be "going sideways," and they are usually happy to get out of those because it frees up a board seat.