eBay executive jumps to Wikia
Gil Penchina, a vice president and general manager for international operations at eBay, has left Meg Whitman and crew to take the top job at Wikia, a user-driven community site launched by Wikipedia founder Jimmy Wales. Penchina is also an angel investor in Wikia, which hosts "wiki" websites for communities which allow any user to edit their pages. The official press release describes Penchina as an "eight-year veteran" of the auction giant, which places him on the fortunate side of eBay's September 1998 IPO. Certainly, the most heady years of personal net-worth appreciation for eBay employees are over. Alarm:Clock wonders if Penchina's defection is "another sign of weakness at eBay, or that VCs are able to convince big-company execs that startup valuations are on the upswing." Perhaps both.
Posted by Oliver Ryan 10:01 AM 0 Comments comment | Add a Comment

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Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer.

Morningstar: © 2014 Morningstar, Inc. All Rights Reserved.

Factset: FactSet Research Systems Inc. 2014. All rights reserved.

Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved.

Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2014 and/or its affiliates.