Ann Winblad Tells CNBC: Facebook Should Boot VCs from Its Board
Peter Thiel’s decision to sell his Facebook (FB) stock last week has sparked a response from venture capitalist Ann Winblad. Winblad appeared on CNBC today and said Thiel was only doing his job as a VC by selling his shares, but that Facebook should consider replacing him as a board member. The advice stems from her belief that venture capitalists “should not be long-term board members of public companies.” [Source: Fortune]























