Danny Sullivan to Leave SEW

Just picked this up from John Battelle about Danny Sullivan leaving Search Engine Watch. He also makes some interesting points about companies making profits off their employees and not cutting them in on the action:

Man, do I know the pain he went through to make this decision. It's very hard to watch something you really love and worked so hard to build continue without you, but when you are not an owner in some way, it's harder still to understand why someone else is taking all the profits, and control, while you do all the work. I know Danny is a very reasonable guy, and the fact that he could not get the new owners of SEW to cut him in on the fruits of all his hard work means the folks running his ex-company are really not paying attention to where value is created in the media world these days.

Danny's 'official' version of events can be found over on his weblog Daggle.