Yeah, I will support this. I've been at multiple startups where the founding CEO was not at all the right person to manage an organization of more than 5 people and the right decision for the business was to remove them.

In one case, the founder was simply a rich kid who started the company with his family's money, fundraised from VCs, then everyone involved realized this person was luckier than skilled. It makes complete sense in this scenario for the VCs to remove the CEO but still like the business idea.