Exclusive: Silicon Valley Go-To Guy Peter Currie Joining Twitter Board
According to sources close to the situation, well-known Silicon Valley power player Peter Currie is joining the board of directors of Twitter.
It’s an interesting choice to bring the well-regarded moneyman to the microblogging start-up, and could indicate an intent to push to an IPO eventually.
As first reported by NetworkEffect’s Liz Gannes earlier this week, Twitter is now considering funding offers from big venture funds, specifically Russia’s DST Global and Silicon Valley’s Kleiner Perkins, as well as fielding incoming acquisition interest from Google and Facebook.
Currie should know about this kind of noisy swirl around a hot start-up.
Back in the heyday of Web 1.0, as the CFO of Netscape Communications, he led the iconic browser software company into history, as the first great Internet rocket ship, when it went public on August 9, 1995.
While the Netscape experience ended in tears, Currie’s career has not, and he has become a kind of go-to elder statesman in the Web 2.0 era.
A year ago, for example, he joined Facebook as its temporary CFO.
Indeed, Currie plays the calm, collected wise man well.
Unusually tall, aggressively avuncular and laid-back, he loves Elvis and enjoys pranking reporters like BoomTown.
(Case in point: Back in the day, he spread the rumor around Silicon Valley that I was short due to a medical condition.)
Now the president of Currie Capital, a private investment firm, he had previously worked at General Atlantic in private equity.
After Netscape, he was a partner and co-founder of the Barksdale Group, an early-stage (and ill-fated) venture capital firm.
Before Netscape, he was CFO of McCaw Cellular Communications and also worked at Morgan Stanley.
Currie is also board-happy, serving as a director of a variety of tech firms, private and public, which have had varying degrees of success.
They have included CNET, Critical Path, Clearwire, Safeco, Ofoto, Tellme Networks and Zantaz, as well as Sun Microsystems.
He has an MBA from Stanford University and went to Williams College.
In other words, just the kind of pedigree needed to give some additional burnish to the Twitter board, which now includes Fred Wilson of Union Square Ventures, Spark Capital’s Bijan Sabet, Benchmark Capital’s Peter Fenton, co-founder and former CEO Evan Williams, co-founder Jack Dorsey and CEO Dick Costolo.
Apparently, it’s time to toss another dude in there!