What's striking to me is that the CEO letter mentions Moritz directly. I'm sure this isn't the last we'll hear of this story. > We asked our board members wh

What's striking to me is that the CEO letter mentions Moritz directly. I'm sure this isn't the last we'll hear of this story. > We asked our board members what they thought of the opportunity. Michael > Moritz, who represents Sequoia Capital (one of our investors and board > members), wrote the following: "You now have the opportunity to accelerate > Zappos' progress and to make the name and the brand and everything associated > with it an enduring, permanent part of peoples' lives... You are now free to > let your imagination roam - and to contemplate initiatives and undertakings > that today, in our more constrained setting, we could not take on." http://blogs.zappos.com/ceoletter http://blogs.zappos.com/ceoletter > At least two sources who do not hold board seats, but are directly involved > with Zappos, indicated that Moritz and Zappos CEO Tony Hsieh came into > conflict about the company’s future. Moritz, the sources say, wanted Zappos to > sell while Hsieh wanted to remain independent. http://www.pehub.com/45388/zappos-ceo-wanted-to-stay-independent-sequoia-wanted-liquidity—sources/ http://www.pehub.com/45388/zappos-ceo-wanted-to-stay-indepen...