Liz Gannes

Recent Posts by Liz Gannes

Kevin Rose’s Next Move: Partner at Google Ventures

Kevin Rose, who joined Google in March to work on Google+ along with some of his team from mobile app incubator Milk, has moved to Google Ventures.

Rose is now a venture partner at the firm focused on making new investments, and he has already moved internally. When asked, a Google Ventures spokeswoman confirmed today that Rose is now on the team.

Rose famously founded Digg and built a sizable personal following through a career as a TV and video host and an early social media guy. While Digg petered out in recent years and Milk didn’t have a successful app, Rose developed a side career as a savvy angel investor.

Rose’s list of personal investments is long and actually quite strong — see his About.me page. It includes Fab, Foursquare, Ngmoco, OMGPOP, Path, Square, Twitter and Zynga.

At Google, Rose was initially named a senior product manager on Google+, while three others from Milk joined the social team as well.

The Milk deal was worth $12 million upfront with a $3 million potential earnout, according to a source involved in the deal.

Google Ventures is a three-year-old firm built within Google, with Google as its sole funder. Google Ventures had also been a backer of Rose’s Milk.

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Nobody was excited about paying top dollar for a movie about WikiLeaks. A film about the origins of Pets.com would have done better.

— Gitesh Pandya of BoxOfficeGuru.com comments on the dreadful opening weekend box office numbers for “The Fifth Estate.”