On April 2, 2004, the day after launching the network, CEO Mark Walsh departed the offices for good. He had been having a number of disagreements with Evan Cohen about the direction of the company, and in particular about the complete lack of financial transparency in Cohen's business dealings and fundraising efforts. Walsh was a resident of Washington, D.C., and told Cohen that he could not be part of an enterprise run in such an opaque and disruptive fashion. Walsh never returned to the offices while Cohen was chairman, and resigned from the company several weeks later.