According to sources close to the situation, Twitter VP of Engineering Mike Abbott has left the company.

He is apparently interested in doing more investing.

[UPDATE: Twitter confirmed the departure in a statement, noting that Abbott was joining Benchmark Capital as an entrepreneur in residence. Benchmark’s Peter Fenton is on the Twitter board.

“We can confirm that Mike Abbott is no longer with Twitter. Mike will be available to assist the company in his new role as an Entrepreneur in Residence at Benchmark Capital. We thank Mike for his leadership in growing an outstanding team of engineers from 100 to 400 that have successfully taken on the unique challenge of making Twitter reliable and stable. While Mike led the engineering team, Twitter grew from handling 55 million tweets a day to 230 million. Twitter is focused on aggressively moving forward to fulfill the profound opportunities that are in front of us.”

Said Fenton:

“What Mike Abbott accomplished at Twitter is nothing short of heroic, when Benchmark introduced him to the company we felt he had the courage and entrepreneurial drive to build a strong engineering foundation. Today we applaud him for that extraordinary accomplishment. As we continue to work closely with the team at Twitter, we’re delighted to welcome Mike to Benchmark as an entrepreneur in residence. Mike will not only continue to lend his considerable talents to supporting the team at Twitter, but as a true entrepreneur at heart, will undoubtedly be an incredible asset to our entrepreneurs and our portfolio overall.”]

The move feels sudden, but sources said it has been brewing for a while and happened several days ago.

Abbott was a high-profile hire for Twitter a little over a year ago from Palm, where he served as head of its software and services, in charge of its webOS platform.

He was brought in to bring a level of discipline and reliability to the Twitter communications platform and service, which was plagued by persistent outages that made the Fail Whale infamous.

In large part, Abbott has done that, as Twitter has grown significantly. It now has 230 million tweets per day, he said in a recent interview.

Twitter does not have a replacement as yet, sources said.

In one memorable episode of the famous old short films “The Little Rascals,” after not getting invited to a party, the Our Gang little dudes decided to form their own group, comically called “The He-Man Woman-Haters Club.”

In other words: No girls allowed!

While it was wink-wink cute when Spanky, Alfalfa and Buckwheat huffed and puffed about keeping out Darla–which they never ever could do–back in the last century, it’s not quite as adorkable when it comes to the boards of all the major Web 2.0 hotshots these days.

That would be Twitter, Facebook, Zynga, Groupon and Foursquare, none of which have any women as directors.

As in zero.

What’s most remarkable is that most of these start-ups are run by what I consider enlightened and open-minded entrepreneurs, mostly young enough to be part of a generation more inclined to value equality and diversity in the workplace.

In addition, each of these companies has a massive base of women consumers, in some cases well over 50 percent of its audience.

Thus, it would seem logical that in casting about for those to help guide these companies, one or two women leaders might slip in.

To be fair, it’s not for lack of trying, but of completion, as was the case with Twitter’s recent addition of three new board members.

They were longtime Silicon Valley exec Peter Currie, Flipboard CEO and co-founder Mike McCue and former DoubleClick leader David Rosenblatt.

All are deeply qualified for the Twitter board, which is obviously prepping for its next stage of growth and maturity.

But in its search, the San Francisco microblogging site did not manage to cast the net quite wide enough.

While sources said at least one prominent online woman exec was considered, there were some legitimate issues with her appointment, and it was not completed.

Still, one might imagine Twitter could have tried harder to find other workable choices.

Currently, the Twitter board is made up of the new trio, as well as Benchmark Capital’s Peter Fenton, Union Square Ventures’ Fred Wilson, Bijan Sabet of Spark Capital, CEO Dick Costolo and co-founders Evan Williams and Jack Dorsey.

Things are not any better over at Facebook, which has several prominent women execs running the show, most especially its high-profile COO Sheryl Sandberg.

But, inexplicably, though she does attend board meetings, she is not yet a director of Facebook, nor is any other woman.

In fact, here is Sandberg on topic at a recent TED event for women, in an eloquent speech titled “Why We Have So Few Women Leaders”:

Instead, the Facebook board is all men, all the time, composed of CEO and co-founder Mark Zuckerberg, prominent techie and venture capitalist Marc Andreessen, investor Peter Thiel, Accel Partners’ Jim Breyer and Washington Post head Don Graham.

It is no better at three of the most prominent recent Web 2.0 start-ups, which one source attributes to the lack of woman VCs, who are often the first board members after major investment rounds.

At Zynga, the hot social gaming company in San Francisco, it continues, with an all-male board, despite a very heavily female audience for its casual social games.

That would be co-founder and CEO Mark Pincus, COO Owen Van Natta, investor Bing Gordon of Kleiner Perkins, investor Reid Hoffman and Brad Feld of the Foundry Group.

The same is true at woman-targeted–spas, spas and more spas–social buying site Groupon, which has an unusually large board for a start-up and made up of–as per usual–all men.

The list: Co-founder and CEO Andrew Mason, Accel Partners’ Kevin Efrusy, former AT&T President and COO John Walter, New Enterprise Associates’ Harry Weller and Peter Barris, former AOL exec Ted Leonsis, 37Signals co-founder Jason Fried and early investors Eric Lefkofsky and Brad Keywell.

And, much smaller, is Foursquare’s board, which is the trio of co-founder and CEO Dennis Crowley, co-founder Naveen Selvadurai and Union Square Ventures’ Albert Wenger.

New investors–Ben Horowitz of Andreessen Horowitz and O’Reilly AlphaTech Ventures’ Bryce Roberts–have observer status and both are, needless to say, dudes.

There is no question it is tough to make sure there is a good balance of qualified women leaders to men in tech–it is an issue we wrestle with every single year for the program of speakers at our own All Things Digital conference, although we are most excellent on this issue on our Web site and conference staff.

But it can be done, especially at public tech companies. Google has two women on its board of nine directors; Yahoo has three of 10; even Oracle has two of a dozen.

But a grand total of zero at the leading companies of Web 2.0 is not just a coincidence.

It’s a shame.

Tomorrow, BoomTown will post a list of great women who would be superb directors for any of these companies, but until then, let’s not follow in Spanky’s steps:

Yesterday, star venture capitalist John Doerr of Kleiner Perkins forked over $150 million in funding to Twitter.

At at $3.7 billion valuation, that got him a big chunk of the San Francisco microblogging site.

But what it didn’t get him was a seat on the board of Twitter, which many figured he would be given for after handing over so much moolah.

According to sources familiar with the situation, that’s due to Doerr’s being a director on another board: Google.

Several sources who BoomTown spoke to, after breaking news of the massive funding, said that his being on the board of the search giant was seen as too much of a conflict of interest.

A conflict because Google has plans to wade deeply into the social space. And also, of course, because it is the No. 1 potential acquirer of Twitter, as the Silicon Valley company seeks to gather more tools to fight its latest rival, Facebook.

Doerr has very deep ties at Google, having been on its board since mid-1999.

He got that seat, along with Sequoia Capital’s Mike Moritz, after he ponied up a critical $25 million equity round for Google in June of that year.

Interestingly, no other Kleiner partner was named to a Twitter board seat either.

But, some speculate, it might make sense for Mary Meeker–who just joined Kleiner to head up digital investing efforts, after a long-time stint as a Wall Street analyst for Morgan Stanley–to eventually become a Twitter director.

Meeker has, of course, deep IPO and M&A experience.

And, frankly, after adding Flipboard’s Mike McCue and former DoubleClick exec David Rosenblatt yesterday and former Netscape exec Peter Currie recently to its all-boy board band, a woman director might be a good idea to consider.

Other directors at Twitter include Benchmark Capital’s Peter Fenton, Union Square Venture’s Fred Wilson, Bijan Sabet of Spark Capital, Co-founders Evan Williams and Jack Dorsey and CEO Dick Costolo.

I reached out to Doerr for a comment, but he has not yet replied; Twitter declined to comment.

Even more interesting to consider is what Kleiner will invest in next after this mega-funding, given how aggressively many sources said Doerr had pushed to lead the Twitter round.

And, in fact, sources said that Kleiner is looking closely at new funding rounds for both the Spotify music streaming service and Groupon, the social buying start-up that recently decided to turn down a $6 billion acquisition offer from Google and an earlier $3 billion one from Yahoo.

Groupon is now seeking more funds to remain independent and hold onto its lead in the fast-growing local discounting market, sources said.

(Bloomberg also reported on Groupon’s new fundraising efforts, although it was written about after it turned down the Google offer.)

And Spotify, which is hugely popular outside the U.S., is trying to enter this market, but needs more funding to expand and perhaps strike better deals with music labels.

Both are the just the kind of companies Doerr has targeted in what looks like a serious effort to compete with other firms–especially Andreessen Horowitz and Russia’s DST Global.

They have garnered the heat Kleiner used to have, largely by backing more of the top entrepreneurs recently.

Doerr has already put money into social gaming phenom Zynga and also started an sFund for social-focused investments.

Add Twitter to the pile and you can see where this is headed: Except for the board seat, John Doerr will no longer be denied.

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.

That move came after the social networking site, in a bit of turmoil, parted ways with its then CFO, Gideon Yu, following mutual disagreements.

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!

Here’s a video BoomTown did yesterday at the Twitter Chirp conference, where a lot of noise was made about a lot of things.

Like: Twitter has a Google (GOOG) Android app; Twitter has a link shortener; Twitter does more searches than you think; Twitter has 105.8 million registered users and is adding 300,000 a day; Twitter users write 55 million posts a day; Twitter is being archived at the Library of Congress.

Also more blah-blah-blah on geolocation, metadata called Annotations and, of course, @anywhere, which is essentially Facebook Connect for Twitter.

And–oh, yes–making money. That.

Apparently, according to the execs in attendance, I will have to stop making fun of Twitter co-founder Biz Stone’s name, calling him things like: No-Biz-Here Stone, Ain’t-Nobody’s-Biz-Ness-If-We-Don’t-Have-a-Business-Plan Stone and Biz Stone-Cold-Profits.

Now, given that the San Francisco microblogging service is introducing a number of advertising-related efforts in a quest to make some bank, I will have to change the name to Hey-Zuckerberg-We-Have-a-Biz-Too Stone.

Or, given some of the tensions with third-party developers over Twitter moving into their space in core development areas: Pardon-Us-While-We-Stomp-on-Your-Biz Stone.

In fact, that issue was the main focus of a panel I moderated yesterday afternoon at Twitter’s Chirp, titled “Investing in the Ecosystem.”

My dudes-only panelists included Polaris Ventures’ Mike Hirshland, Venrock’s David Pakman, Bijan Sabet of Spark Capital, and Benchmark Capital’s Peter Fenton.

Mostly, they took my guff about the state of the Twitterverse, in what turned out to be a lively discussion.

While yesterday was all talk, from COO Dick Costolo (who mistakenly thinks he is as funny as I am), Twitter CEO and co-founder Evan Williams, Stone and others, Chirp today is 24-hour hackathon.

Here’s a video I did of interviews with a wide range of Twitter staff, investors and advisers–and blogger Robert Scoble, of course, who is as inevitable at an event like this as air:

]]> http://allthingsd.com/20100415/some-twits-chirp-from-twitter-conference-ev-biz-and-more/feed/ 3 http://allthingsd.com/20100414/what-shall-boomtown-ask-the-twits-oops-i-mean-twitter-loving-vcs-at-chirp-today/ http://allthingsd.com/20100414/what-shall-boomtown-ask-the-twits-oops-i-mean-twitter-loving-vcs-at-chirp-today/#comments Wed, 14 Apr 2010 15:21:08 +0000 Kara Swisher http://kara.allthingsd.com/?p=26701

Later today at Twitter’s Chirp conference in San Francisco, BoomTown is moderating a panel titled “Investing in the Ecosystem.”

Or as I like to call it, “How Do You VCs Come Up With Those Crazy Valuations: Magic 8 Ball? Ouiji Board? Darts?”

I have a choice group of dudes–of course, they are all dudes–for the panel, all of whom have invested in a range of start-ups, including Twitter.

They include: Polaris Ventures’ Mike Hirshland, Venrock’s David Pakman, Bijan Sabet of Spark Capital, and Benchmark Capital’s Peter Fenton.

Presumably, the group of venture capitalists will give the audience the 411 on what goes into finding, feeding and nurturing the many innovative start-ups that populate the Twitterverse.

That is, until you actually try to compete with Twitter or make some dough without its sanction, wherein all the nice Whos-down-in-Whoville sweetness of the folks who run Twitter turns into the backroom at the Bada Bing with Tony Soprano and the boys.

(You can see Twitter COO Dick Costolo here, in fact, giving us his best Don Corleone in this video interview with MediaMemo’s Peter Kafka.)

The tensions of late between Twitter and the many third-party developers circling it are perhaps going to add some frisson to the two-day event at the Palace of Fine Arts, which costs $469 to attend. Twitter also just announced its advertising platform plan.

The first day is all talk, from Costolo, Twitter CEO and co-founder Evan Williams, co-founder Biz Stone and others. The second day is 24-hour hackathon.

For those not there, Twitter will be streaming the event live with the help of Justin.tv.

And, of course, there will be tweets–lots and lots of tweets.

[Sticker image courtesy of Zazzle.com]

]]> http://allthingsd.com/20100414/what-shall-boomtown-ask-the-twits-oops-i-mean-twitter-loving-vcs-at-chirp-today/feed/ 0 http://allthingsd.com/20100319/yahoos-chief-technologist-sam-pullara-departs-for-benchmark/ http://allthingsd.com/20100319/yahoos-chief-technologist-sam-pullara-departs-for-benchmark/#comments Fri, 19 Mar 2010 18:15:58 +0000 Kara Swisher http://kara.allthingsd.com/?p=25784

Yahoo Chief Technologist Sam Pullara (pictured here) is leaving the company to become an Entrepreneur in Residence at Benchmark Capital.

He’s the second major exec to leave Yahoo (YHOO) for greener pastures in a week.

Yahoo’s head of North American Revenue, Joanne Bradford–in charge of the company’s key advertising business–quit Monday to take a top job at social media start-up Demand Media.

In addition, longtime Yahoo tech exec Ash Patel finally left Yahoo for good, which is what BoomTown said was likely in a post about his taking a sabbatical from the company back in November.

After hearing that Pullara is also leaving, BoomTown inquired about his departure earlier in the week and got a call from Yahoo PR today confirming the move.

“Sam Pullara is leaving Yahoo! to pursue a new venture at Benchmark Capital as an EIR (Entrepreneur in Residence). His last day will be April 1st. In his time at Yahoo! Sam made many valuable contributions to our business, helping guide important corporate and business strategy projects and nurturing several technology initiatives. We wish him the best of luck in his new endeavors.”

Pullara is a major tech exec at Yahoo, having run its platforms unit, among other key initiatives.

He also made a statement:

My time at Yahoo! has been a great personal and professional experience. With the social strategy and business development projects I’ve been focusing on now in their implementation phase, and my pet technology project, YQL, now widely deployed both inside and outside of Yahoo!, it’s a natural time for me to transition and spend time with my family before returning to my entrepreneurial roots. I’m leaving Yahoo! with no doubt that the company is on the right track and in good hands.

Well, if you say so, Sam.

Unfortunately, there will be more departures to come from Yahoo, said multiple sources throughout the company, many of whom are key and innovative execs whom Yahoo can ill afford to lose.

Such as Pullara. On his LinkedIn page, Pullara wrote of his role at the Internet giant:

“My current role is within the product strategy group, acting as chief technologist of Yahoo!. I’m responsible for ensuring the products we develop are competitive and provide compelling customer experiences by driving a dialogue between internal products groups, research and business leaders. I am also responsible for technical evaluations, both internal and external, to drive improvements into our products. In addition I will work closely with our M&A team, champion new technology initiatives, and evangelize Yahoo! technology both inside and outside of Yahoo!.”

Here’s the press release from Benchmark:

Sam Pullara Joins Benchmark Capital as Entrepreneur-in-Residence

Menlo Park, CA, March 19, 2010–Benchmark Capital, an early-stage technology venture capital firm, today announced that Sam Pullara has joined the firm as an Entrepreneur-in-Residence. Pullara was most recently at Yahoo! as Chief Technologist, where he was responsible for Yahoo!’s product and technology strategy across the organization. In addition to his time at Yahoo!, Pullara has spent a significant part of his career building successful start-up companies.

“I am very excited to work with Benchmark Capital, and with Peter Fenton again,” said Pullara. “It is an amazing time to be starting a new venture and advising great entrepreneurs. Working closely with exceptional investors and advisors who are deeply committed to the entrepreneur’s success was an opportunity I couldn’t pass up.”

In addition to crafting corporate technology strategy at Yahoo!, Pullara was also involved in M&A and strategic partnership activity while still remaining an active coder. Before Yahoo!, Pullara was CEO of Gauntlet Systems which was acquired by Borland in 2006. Gauntlet Systems was founded while Pullara was an EIR at Accel Partners. Gauntlet was the outgrowth of Pullara’s experience as an engineer at WebLogic, Inc. where he was an early employee and later at BEA Systems after it acquired WebLogic in 1998. Sam is also an active angel investor and startup advisor.

“Sam is one of the few people who can blend deep technical ability with an uncanny business perspective,” said Peter Fenton, general partner, Benchmark Capital. “He’s one of the most talented people I’ve had the opportunity to work with, and we’re thrilled to have him on board at Benchmark.”

And, for your weekend enjoyment, here’s a video of the most supreme Freddie Mercury of Queen singing “Another One Bites the Dust,” which is, unfortunately, turning into Yahoo’s theme song again:

]]> http://allthingsd.com/20100319/yahoos-chief-technologist-sam-pullara-departs-for-benchmark/feed/ 2 http://allthingsd.com/20080619/facebooks-matt-cohler-to-benchmark/ http://allthingsd.com/20080619/facebooks-matt-cohler-to-benchmark/#comments Thu, 19 Jun 2008 17:29:46 +0000 Kara Swisher http://kara.allthingsd.com/?p=2187

In a move BoomTown is still trying to noodle over, longtime Facebook exec Matt Cohler (pictured here) will be leaving the social networking site to become a general partner at Benchmark Capital.

Cohler, who is currently Facebook’s VP of Product Management, was one of its earliest hires and, as I wrote once, seemed like “the Yoda figure at Facebook to me.”

He will not leave the prominent social-networking company until the fall, even though Cohler is already featured on the venture capital firm’s Web site.

And, after he goes, Cohler will remain as a “special adviser”–is that like a special guest star on a television show a la Heather Locklear?–to Facebook Founder and CEO Mark Zuckerberg and senior management.

It is a great get for Benchmark to grab Cohler, of course, who will be its youngest partner ever.

And while the venture firm was the hot shop in the Web 1.0 era, it has not been as prominent a partner in the Web 2.0 space, although Benchmark does have investments in sites like Yelp and Zillow.

A New Yorker, Cohler went to Yale, worked in China, was a management consultant at McKinsey and was also part of LinkedIn’s founding team.

(You know, the LinkedIn that just got $53 million in funding for a $1 billion valuation.)

As I also wrote once: “And don’t be fooled by the baby-faced looks–he apparently worked for a year as a jazz musician in Europe and, therefore, is a hep cat.”

Hep cat or not, he has been one of Facebook’s and Zuckerberg’s closer advisers from its earliest days and his departure will be scrutinized internally and externally.

The big question? Is the move COO Sheryl Sandberg cleaning house of old Facebookers or does the smooth Cohler–who already looks like a VC–simply want to be part of the larger mix in Silicon Valley?

Sources tell me the latter, as Sandberg and Cohler got along well with the recent transition in management at Facebook (some execs, not so much).

In fact, Sandberg tried to get Cohler to stay, said these sources.

In a twist on that, it was Cohler who was one of the key execs in recruiting former top Google (GOOG) exec Sandberg into Facebook.

But it is true that, as is typical as start-ups mature, a lot of longtime execs have left and still more will likely be leaving, as more professional managers arrive.

Former top exec Owen Van Natta left in February, and CTO Adam D’Angelo, who has been friends with Zuckerberg since high school, departed recently.

Cohler said, in an interview this morning with BoomTown, that he was content at Facebook and would not have left had he not been approached by Benchmark’s Peter Fenton recently.

Fenton came there from Accel Partners in 2006, by the way, for those keeping track, and Accel is Facebook’s largest VC investor.

And who says Silicon Valley is like a well-paid game of not-so-musical chairs?

“I would be staying at Facebook happily had this not come along… but it made sense to me,” said Cohler. “It was hard to leave, as I really am excited about what’s going on at Facebook.”

But Cohler did note the shift at Facebook from hot start-up to a more established player.

“Looking back at everything I have done [at Facebook]…I am a generalist and can cover all the bases and when the company was small, that was useful,” he said. “But I really find it interesting working with great entrepreneurs and that is also something I love to do.”

At Benchmark, Cohler said he will focus on Internet start-ups, obviously, and said he is especially interested in the mobile sector.

Benchmark partner Bill Gurley noted that bringing Cohler is in keeping with the venture firm’s focus on staying current with the typically younger entrepreneurs in Silicon Valley.

Gurley himself joined Benchmark at 33 and Fenton at 32.

“It is critical to stay relevant and one of those ways is to keep bringing younger people into our ranks,” said Gurley. “And if you had to say who would be best person in his generation to make a great VC, it would be Matt, who is one of the most networked persons in the Web 2.0.”

Also said Gurley, pointing to Cohler’s involvement in two of the Web’s recent hits, Facebook and LinkedIn, he added: “It takes a lot of judgment to get in front of trends like that.”

]]> http://allthingsd.com/20080619/facebooks-matt-cohler-to-benchmark/feed/ 1