Maveron, which hit a homerun with an early investment in eBay, but has yet to match that success, has expanded its San Francisco office by making Amy Errett (pictured above) a partner. Errett is the former CEO of lesbian lifestlye and travel company, Olivia, and Maveron recruited her six months into her stint as an Entrepreneur in Residence at Trinity Ventures.
Meanwhile, Voyager Capital has made moves to the south, as well, bringing on a new partner, Diane Fraiman (right), to open an office in Portland, Oregon and adding another, Daniel Ahn, as a managing director of its franchise in Menlo Park, Calif. — home of the big Silicon Valley venture capital firms.
Maveron’s Errett comes with a solid track record but a bit of baggage. From 2002 through 2007, Errett helped grow Olivia from $5-25 million in revenues, but she was forced out. She subsequently filed a multi-million dollar lawsuit against the company’s founder, which is still ongoing.
Voyager’s new partners have backgrounds that are a little less colorful. Diane Fraiman is a long time marketing executive, most recently at JanRain, which runs myOpenID. Daniel Ahn (below) has spent the last nine years at Woodside Fund, and made several investments that look like they’ll be bought or go public at some point. We’re hearing Analogix Semiconductor, where Ahn was the early investor, is about to announce something soon. He also invested in Berkeley Design Automation, which we’re also hearing may announce something shortly.
Ahn wouldn’t comment on why he left Woodside, but we talked with various folks about the firm, and it appears it is strugging with a generational shift. Another younger partner, Tom Shields, the a capella singer of “Here comes another Bubble” also left recently. It appears the father-son relationship of Vincent and Tom Occhipinti is a strong influence at the firm. We’ve put in a call to the firm find out more, and will update if we hear more.
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