When does a venture capitalist leave his cushy job to run a startup? when he believes in it enough to put his mouth where his money is. Will Price, a managing director at Hummer Winblad Venture Partners, has invested in Widgetbox as part of the recent additional $8 million the widget creation company raised in its financing.
[img src="" caption="" credit="" alt=""]Whether this decision to join the company as its new CEO is because of a hatred for corporate America, a desire to be his own boss, or a midlife crisis, one thing is for sure: Price wholly believes in the future of Widgetbox. Price is replacing interim CEO Michael Dearing, who will be remaining with the team as a board member, and will be leading all aspects of Widgetbox's strategy, marketing, product development, technology, and operations.