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April 21, 2006
Partner-Snarfing at Marquee Venture Firms
It is a relative rarity for a partner at one top-tier venture firm to be snarfed by another, so Peter Fenton's jump from Accel to Benchmark has the VC gossip machine in gear. Was it (allegedly) Breyer-dominated economics at Accel? Was it a crazy delicious piece of the management fee at Benchmark? Inquiring minds want to know, especially given that while Fenton has a good track record, he overlaps a great deal with the exist Benchmark partnership.
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