I'm halfway back from Costa Rica and was just astounded to learn that Peter Fenton (who did the JBoss deal and is, in my estimation, one of the top "open source VCs" on the planet) has left Accel Partners to join Benchmark, a rival Silicon Valley venture firm.
No big deal, you say? It is a big deal, mostly because VCs rarely leave their firms to go to rivals. It just doesn't happen very often, for a range of reasons.
It will be interesting to see what happens with Peter's board seats (JBoss, Wily, etc.). Even more interesting will be what the Fenton + Kevin Harvey (Red Hat, Zimbra, MySQL, Qlusters) duo will cook up. Harvey is another top open source VC, and razor-sharp smart. …[Read more]