Some do see it as a problem, a conflict of interests, I admit I do and I don't understand the logic behind it. If the other board is the way to go for the vast majority and both of you, then fair enough, their is no reason to hang onto this place
Yes another board is an option, but what for? running 1 board was more than enough for both of you, why take on 2?
I have genuinely no desire to run any board but I would keep this going if no one else stood up first
What am I and others missing then, because it really does look like managed decline