I was saying this to my friend about 18 months ago. This process seems very similar to what happened with Steve Jobs.
1. founder starts company
2. board replaces abrasive founder with operator
3. founder fully exits company (except for 1 share)
4. founder starts new company
5. original founder company nears bankruptcy
6. founder executes reverse take over of original company
7. founder revitalizes original company
At the time, we were at step 2 with Dara becoming the CEO,
now we're at step 4.