[rakeshagrawal]

Richard's departure has been in the works for some time (>6 months).

SnapStream's health as a company (financially, product development, etc) is good and has never been better.

Richard has stated clearly that he's not going on to work on something competitive to SnapStream.

The move is a good one for SnapStream and, I believe, for Richard -- he's a talented guy and those talents should find a good home at his new employer.