Silicon Valley lawyer Ted Wang is becoming a VC
Ted Wang is stepping down as a partner with Silicon Valley law firm Fenwick & West, in order to join Cowboy Ventures as its second partner. He is expected to remain of counsel to Fenwick, where he has worked on mergers for such companies as Jet.com (sold to Wal-Mart) and Quip (sold to Salesforce).
Why it matters: Almost any time I've worked on a story involving startup stock or M&A law, people tell me to call Ted. Not only does that mean he's a consensus expert, but he's also now more likely to return my calls.