TLDR:
- Venture capitalists are moving around more than usual, with notable figures returning to old firms, starting their own funds, or taking breaks from investing.
- Key figures include Lauri Moore joining Bessemer Venture Partners, Alex Cook leaving Tiger Global, and Vic Singh stepping down from Eniac Ventures.
When Keith Rabois made a surprising move from Founders Fund back to Khosla Ventures, it signaled a trend of venture capitalists playing musical chairs in the industry. Traditionally, VCs stick with their firms for the 10-year life cycle of the fund, but recent months have seen significant shifts in the landscape.
Some notable movements in the industry include:
- Alex Cook leaving Tiger Global after seven years and Lauri Moore joining Bessemer Venture Partners.
- Milo Werner joining DCVC as a general partner, and Anne Lee Skates leaving Andreessen Horowitz.
- Spencer Peterson moving from Bedrock to Coatue, and Amanda “Robby” Robson departing from Cowboy Ventures.
These changes highlight a period of transition and movement within the venture capital space, with key figures like Vic Singh, who stepped down from Eniac Ventures after 15 years, making significant shifts within the industry.
It seems that the traditional stability of VC partnerships is being challenged as more investors explore new opportunities, start their own funds, or take breaks from investing altogether. This shifting landscape could have significant implications for the future dynamics of venture capital investing.