Comment by fakedang

Short selling is extremely stressful and mindspace-heavy, especially if you're going with a global approach like these guys. It makes sense to exit once you've made your cheese.

Some of the team members clearly want to continue, and have his blessing in it. Still others want to get hired elsewhere too. All of these are normal. The Hindenburg name will carry them far.

Him open-sourcing them (for free) is so that others may continue the fight against unscrupulous market players. That's just his Principles.

What he's doing is the smart thing. The employees are likely worth a few millions and debt-free, while he has made enough to fund a small family office. The smart thing would be to leave the game, especially when as an outsider like him, you don't have the connects to fundraise (which is what most fundmanagers tend to spend most of their time on these days). IIRC even DeepFuckingValue did the same.