Well how much makes a 'sizeable percentage'. 10%, 20%? 30%?
He claims to have spent only a handful of hours on BCC last year. So spending less than say 20 hours on a project and having it generate ~30% of revenue, passively, seems like a pretty good deal.
Another poster mentioned focus, but that doesn't really seem to be the case here.
Of course all this is conjecture.
[1] http://www.kalzumeus.com/2014/12/22/kalzumeus-software-year-...
"Focus" is a very valid reason. Even assuming just one hour per week, that's 52 hours he can spend on something else. Plus having BCC around is a mental burden. Even while you're not working actively on it, you're thinking about it.
[1] http://www.kalzumeus.com/2015/05/01/talking-about-money/