Social Networking - Monday, June 5, 2006
eBay GM Leaves for Start-up Wikia
Gil Penchina, who was VP and GM at eBay has joined Wikia as CEO. This may be another sign of weakness at eBay or that VCs are able to convince big co execs that start-up valuations are on the up-swing.
Wikia was founded by Wikipedia founder Jimmy Wales. It is intended to allow for subscription and advertising supported wikis. Wikia has about 8employees and raised $4M from Bessemer Venture Partners in March.
Read - Round Up The Usual Suspects - It's Time To Fund A Wiki Startup (the a:c)
Read - Wikia taps eBay exec as CEO (SF Biz Times)
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From what I understand, Gil runs south of France for eBay. . . a really really small market. . . he has mentally checked out of ebay for the last 2 years, focusing more on his angel activities.
Posted by: douglous adams at June 6, 2006 03:05 AM
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