Risa Stack Leaves Kleiner; Third Valley VC to Join GE
Summary
Risa Stack Leaves Kleiner; Third Valley VC to Join GE Healthymagination Xconomy San Francisco — Risa Stack, a partner at premier Silicon Valley venture firm Kleiner Perkins Caufield & Byers, has left the firm to become general manager of emerging health innovations at General Electric.Stack announced the move Sunday night at a dinner organized by the Rock Health startup accelerator in San Francisco, and Kleiner confirmed it in a press release this morning.Sue Siegel, the former Affymetrix president who led molecular diagnostics investing at Mohr Davidow Ventures, left that firm in May 2012 to become CEO of the healthymagination unit.Working with firms like Kleiner, Mohr Davidow, MPM Capital, and Venrock, the healthymagination unit has put together “global innovation challenges” with $100 million in prizes available to spur progress in areas like breast cancer detection.In the Kleiner announcement, Siegel said Stack would be a “tremendous asset to healthymagination as we apply GEO scale to transform healthcare by incubating innovative, disruptive, and scalable solutions.”
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