I've heard that ADA is having problems and that the company is going out?

There have been some personnel problems and Michael Parsons has left, but as far as I'm concerned this leaves Cardano in a better position to face the future. I still think it's a great project and an excellent long-term bet for price rises.
Just curious about what's the reason for him to leave cardano? I guess that will be the same as block.one when there was a lot of personels were leaving the platform and it caused by they are not even agree with the decision of block.one about EOS platform.