Re: He's an inept dolt and the project is a distraction and a money pit.
Solid and the PODS idea has been something Lee has been working on for like five years. It's not a new idea for him. He clearly wants more time (and money) to dedicate to that as it's something he thinks might make a difference.
Whether it will, etc, etc, remains to be seen. But considering organisations like the European Commission have flirted with decentralisation when it comes to their own social media presence, he might find supporters and advocates outside of the Silicon Valley dominated side of the web.