GV, formerly known as Google Ventures, has lost its only female general partner to music technology startup Kobalt.
Named as one of the 50 most inspiring female influences for three years in a row from 2015 to 2017, Avid Larizadeh Duggan has taken up the role of Executive Vice President, Chief Strategy and Business Officer.
Established 17 years ago, the New York-based music tech firm acts as a publisher and provider of royalty tracking services across various digital platforms. Larizadeh Duggan previously led an investment in Kobalt for GV.
Before joining GV, Larizadeh Duggan co-founded Boticca, an online marketplace for independent brands of fashion accessories. After being featured in Vogue and endorsed by well-known celebrities it was acquired by Wolf & Badger in 2015.
In 2006, the Harvard Business School graduate also worked as an associate with Accel Partners.
Her move leaves GV only two other women on its 16-person team, Principal Terri Burns – a former associate product manager at Google – and Partner Laura Melahn.
Larizadeh Duggan plans to start at Kobalt next month, leaving remaining general partner Tom Hulme to oversee investments and grow GV’s presence in Europe.
GV led Kobalt’s $60m Series C round two years ago and has raised $205m from investors such as Hearst Entertainment and Section 32.
Operating independently from Google, GV provides funding to technology companies.
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