Comments on: Kleiner steals Chi-Hua Chien, Web 2.0 guru, from Accel

By: Inside Facebook » Facebook to Announce fbFund Recipients at f8

Inside Facebook » Facebook to Announce fbFund Recipients at f8 — Mon, 21 Jul 2008 15:48:48 +0000

[...] be surprised to see Kleiner Perkins eventually invest in some fbFund companies, since new partner Chi-Hua Chien used to manage the fbFund for [...]

By: Matt Marshall

Matt Marshall — Mon, 07 Jan 2008 18:50:49 +0000

I’m now hearing this was definitely a bump up for Chi-Hua. I’m also hearing that the move was more amicable than our headline would suggest. That is, Accel apparently welcomed Chi-Hua’s move to Kleiner, and sees it as a way to boost the number of deals the firms do together or otherwise partner. There are times when a move creates bad blood, but we’re not sure this is one of those cases.

By: M

Sat, 05 Jan 2008 22:02:35 +0000

Interesting sub-thread on what a ‘partner’ means at a venture capital firm. The term is ambiguous at best, and titles have varying meanings across firms.

The fundamental question that any entrepreneur should ask of a VC, regardless of title, is whether that VC has a mandate to make and manage his/her own investments (i.e. after the investment, will he/she sit on the board?). That will help gauge where in the pecking order that particular VC sits within his/her firm.

Doesn’t look like this was the case for Chi-Hua at Accel. I wonder if it will be at Kleiner.

By: Geoff

Geoff — Sat, 05 Jan 2008 08:56:29 +0000

Saw Chi-Hua speak at PlugnPlay. Knowledgeable guy with lots of energy. Will add youth to KP.

By: arash

arash — Sat, 05 Jan 2008 08:10:23 +0000

zzzzzzzzzzzzzzzz

By: Kleiner Perkins Woos Accel Associate: Is Web 2.0 Good Again?

Kleiner Perkins Woos Accel Associate: Is Web 2.0 Good Again? — Fri, 04 Jan 2008 23:03:11 +0000

[...] and mobile applications as well as online advertising technologies and infrastructure, according to Venturebeat, there should still be some heavy involvement with entities that deal with web 2.0. Considering [...]

By: no name

no name — Fri, 04 Jan 2008 22:59:34 +0000

this guys is pretty green. . . KP “partners” are not equivalent to a partner at Accel.

By: ASG

ASG — Fri, 04 Jan 2008 20:47:36 +0000

Congratulations, Chi-Hua!