At that point we started Company B. I invested nearly $2mil and 2 years into its development and we just finished building it 2-3 months ago. It currently makes $10k/mo and has a very solid business plan that we think will create a very viral growth engine for it.

We were just beginning to execute on this business plan when market changes suddenly allowed for Company A to have explosive growth. We suddenly have a vision for how we can turn Company A into a $100mil/yr company. This falls under "good problems", but as the Founder/CEO of both I also have the very painful decision that we need to basically abandon Company B to go all in on Company A.

With that being said, Company B is generating money and is almost ramen profitable, has a lot of money invested in it, and I still believe in it just as much as I did before.

I have considered trying to sell it, but I think at this point it won't get anywhere near its value, or what it would be able to get with even just a year of effort put into growing it.

So at this point, I am exploring other options, with one attractive one being to let someone else (or some other group) assume the role of CEO in return for a significant equity package (since it is bootstrapped entirely with my money, I own 100% of the company right now). That way I can personally go all in on Company A, but Company B is still left in good hands and can grow to its potential.

Is this even realistic and if so how would I even begin to go about doing this? I know how I'd go about selling Company B, but we are not in Silicon Valley (east coast), and I am not particularly well connected so I'm not sure who I'd even start talking to about such a possibility.

Basically, how do I go about finding an external CEO to run Company B or am I stuck selling it for 1/10th of its investment?