Thursday, August 11, 2016

Google Ventures founder Bill Maris leaves company

Bill Maris, the founder and CEO of Google Ventures, is leaving the company, according to multiple reports. In 2009, Maris created Google Ventures, which rebranded to simply GV last year after the formation of Alphabet Inc.GOOGL, +0.13% It has become Silicon Valley's most powerful corporate venture-funding arm, managing more than $2.4 billion. The company made early investments in tech success stories such as Uber Technologies Inc., Slack, Nest -- which was later acquired by Google -- and Jet.com, which was just bought by Wal-Mart for $3.2 billion. Maris will reportedly be replaced by David Krane, a managing partner at GV. Maris is the latest high-profile Google executive to leave in recent months, joining self-driving car chief Chris Urmson and Nest CEO Tony Fadell.


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