It's impossible to find anything on Steemit, so I looked on Reddit and found this:

Dan Larimer on Steemit (2 December 2018):

• Steemit effectively pushed me out when CEO started pulling rank.

• 2 years later Steemit has failed to deploy my roadmap, even things that were largely developed before I left.

• Now they are cutting costs rather than figuring out how to generate revenue.

• That is a death spiral.

https://www.reddit.com/r/eos/comments/a2jen4/dan_larimer_views_about_steemit/

• Steemit effectively pushed me out when CEO started pulling rank.

• 2 years later Steemit has failed to deploy my roadmap, even things that were largely developed before I left.

• Now they are cutting costs rather than figuring out how to generate revenue.

• That is a death spiral.