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Arbitrage Wise Blog: Regarding Capex CEO Position
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Written by Arbitrage Wise
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Wednesday, 05 September 2007 |
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Sponsored by: 
by Arbitrage Wise, CEO Wise Metaverse I'm sure some are wondering why I chose to relinquish the CEO position of CapEx, since it has not even been 30 days since we acquired it. However, my intentions were never to be the CEO permanently. My goal was to fill in and clean up the exchange, then find a suitable successor which I feel I have. Bogart has displayed the ability to run an exchange much better than I can. The best way to build a business is to replace yourself with someone that's better than you, and I have no problem turning over CapEx to someone that can do a better job, nor any humility in admitting it.
Secondly, with someone else running CapEx, I can now refocus my time on the current businesses, that of Helpture and SL Market Live. Those business are 80% complete and I had to put it off to take care of CapEx. I think in 3-4 weeks, we should have SL Market Live where I want it to originally be. Having SLML will then enable me to build up Helpture by giving it a jump start. I also have to get SLWallet.com going and should be doing an IPO for that soon. Things aren't slowing down anytime soon, even with CapEx out of my hands, but the window of opportunity only comes once in a while... sure don't want to be caught napping.
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