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News archives for the week of Jun. 18, 2007

Jun. 21, 2007
Two engineers leave Google to work for a venture capital firm
Is there a risk they will steal ideas, as one commenter asked in our Cassidy post? Benchmark’s Fenton said their role will be disclosed to entrepreneurs, who will have the option of requesting that they not partake of the pitch. Fenton said most entrepreneurs welcome the opportunity to have EIRs in on meetings. It adds to the discussion and helps create more ideas.

Jun. 18, 2007
Yahoo's CEO Terry Semel quits the company
Semel assured Yahoo's shareholders attending its annual meeting last week that he had the fortitude to lead a comeback. Semel has been counting on recent improvements to Yahoo's online advertising system, Panama, and a series of key partnerships to bolster profits after the company suffered an 11 percent drop in its first-quarter earnings earlier this year.