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1Vote!

Benchmark Capital Advises Startups To Conserve Capital, Look For Opportunities

TechCrunch (Free subscription) | yesterday

Yesterday Sequoia Capital and Ron Conway communicated with their portfolio companies to guide them through troubled times. Today Benchmark Capital joins the fray, with what a source says is an email from General Partner Bill Gurley to their portfolio companies (See our interview with Gurley and new partner Matt Cohler from earlier this year). Like the advice being given by Conway and...

+Vote!

Facebook Co-Founder Moskovitz Leaves for New Venture

MarketingVOX (Free subscription) | 10/06/2008

... Schroepfer replaced former Facebook CTO Adam D'Angelo. And last June, Product Management VP Matt Cohler left Facebook to join Benchmark Capital.A Facebook spokesman says these departures aren't surprising, given the entrepreneurial spirit the company attracted in its infancy. For their part, Moskovitz and Zuckerberg remain close friends."Dustin has always had Facebook's best interests...

2Vote!

The Facebook Exodus: No Co-Founder Left Behind

Dare Obasanjo aka Carnage4life (Free subscription) | 10/04/2008

For a hot, pre-IPO startup I'm surprised that Facebook seems to be going through an exodus of co-founders (how many do they have?) and well-respected key employees. Just this year alone we've seen the following exits Adam D'Angelo (former CTO and co-founder) Matt Cohler (former VP of Product Management and one of the first five emploees of the company) Ben Ling (former Director of Platform...

+Vote!

Are Venture Firms Worried About Their Future?

Leveraging Ideas (Free subscription) | 09/25/2008

... . Here’s a video interview with a partner from Benchmark explaining why he’s so pumped on hiring Matt Cohler , formerly of Facebook, as a young partner. Getting young people into the mix is essential. The article goes on to suggest that the lack of exists among venture-backed companies means that top young talent might opt for say hedge funds over a venture firm. This assumes that...