Friday, April 21, 2006

SiliconBeat: Fenton bolts Accel, joins Benchmark

"The departure is fresh, because Fenton is still listed on Accel's site, as of this posting at least. (Update: As of Thursday morning, we see Fenton's bio has gone)
This comes two years after another Accel partner, Jim Goetz left the firm to join another top-notch Silicon Valley firm, Sequoia Capital.
Granted, this doesn't necessarily mean there is anything wrong at Accel. Sequoia and Benchmark are known as the most aggressive firms in Silicon Valley, so this may be more a question of poaching than any serious dissatisfaction with the Breyer's compensation structure -- but truth is, we don't know."

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