GV general partner Avid Larizadeh Duggan has left the unit for a chief strategy and business officer position at GV portfolio company Kobalt.

Avid Larizadeh Duggan has left her general partner role at GV, the corporate venturing fund formerly known as Google Ventures, for an executive role at music publisher and royalty collection service Kobalt. Larizadeh Duggan joined GV, a subsidiary of internet and technology group Alphabet, in 2014, from Boticca, the luxury fashion e-commerce platform she co-founded in 2010 and where she served as chief operating officer. An associate at VC firm Accel between 2006 and 2009, Larizadeh Duggan was based in GV’s London office. She is the third GP to leave the office since it was launched in 2014, after Peter Read in 2015 and Eze Vidra later the same year. Kobalt has hired Larizadeh Duggan as chief strategy and business officer and she has also taken an executive vice-president role. GV led Kobalt’s $60m series C round in 2015, investing alongside MSD Capital and MSDC Management. GV co-founder Bill Maris joined the company’s board of directors in October 2017, more than a year after leaving the unit. A GV spokesperson told TechCrunch that Larizadeh Duggan “found that she really missed the day-to-day operational aspect of building a startup, and Kobalt is a great fit for her. They will benefit from her leadership.” – Photo of Avid Larizadeh Duggan courtesy of GV.

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