Why did Kendrick leave AngelList to build Republic?

Nguyen was AngelList's General Counsel and, in his own words, 'the first non-engineer hire they've ever made' [So This Is My Why Ep 52 — 2021-06-21]. Rather than build Republic inside AngelList, the company was spun out in 2016 with Naval Ravikant's support, and AngelList retained equity in the spinout [Mixergy — 2018-08-29].

Per the record, the spin-out conversation occurred in 2015, with Naval making AngelList Republic's institutional co-founder [existence-graph, 2015]. AngelList was also among Republic's seed investors in a $12M token round in July 2018 [TechStartups — 2018-07-02].

The corpus does not contain a first-person statement from Nguyen giving a single explicit reason for building outside rather than inside; it documents the structure of the spinout rather than a stated motive.