Co-founder conflict forces CEO exit at Techstars-backed truQ
Techpoint Africa | Bolu Abiodun - Jul 13, 2025
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  • Williams Fatayo announced his resignation as CEO of truQ in a Medium post on July 12, 2025.
  • Fatayo co-founded truQ in 2020 to automate short-haul logistics, initially focusing on B2C before shifting to B2B.
  • The startup's B2B operations now account for 90% of its trips and 65% of its revenue.
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The resignation of a founding CEO can create instability and uncertainty for a startup, especially in the logistics sector where operational efficiency is critical. It raises concerns about leadership dynamics and the startup's future direction, particularly with ongoing conflicts among co-founders.
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