Scoop: H-P Startup Capital Founder Leaves for His Own Firm–CORRECTED

Bernard Slede has split his strategic gig, quietly leaving his role last month as managing director of startup ecosystems programs with Hewlett-Packard to focus full-time on his venture capital firm Breakthrough Venture Partners, peHUB has learned. Correction: Breakthrough Venture Partners buys patents; it does not invest in individual startups.

At H-P, Slede worked on proprietary technology, as well as the company’s tablet. Even after spending three years working with startups for a strategic investor and acquirer, Slede enters a frothy VC fundraising market packed with smaller competitors and angel and seed fund investors.

peHUB couldn’t get immediate comment from Slede, and his new firm’s website doesn’t yet list any investments.

At H-P, after spending more than a year working on the strategic’s corporate venture capital division, Slede went on to launch H-P’s Startup Capital and represented the company at Startup America’s White House announcement earlier this year.

peHUB requested comment from Hewlett Packard and will update the story if the company responds.

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