June 5, 2006

Gil Penchina Leaves eBay To Run Wikia

Michael Arrington

31 comments »

Gil Penchina, previously eBay’s Vice President and GM of International, is now the CEO of new startup Wikia.

Wikia is the for profit sister site of Wikipedia. Where Wikipedia focuses on verifiable facts, Wikia is all about opinions - travel guides, political opinions, whatever. Wikia announced a $4 million venture round in March 2006.

I spoke with Gil for a few minutes this morning about his decision to leave, his plans for Wikia and some of his favorite new web startups. Listen to the podcast at TalkCrunch.

  • Sphere It

Trackbacks/Pings (Trackback URL)

  1. TalkCrunch » Blog Archive » Episode 8 - Gill Penchina On Leaving eBay for Wikia
  2. eBay CEO过档Wikia | BiZwiKi.CN - 喧闹 PK 噪音
  3. Mashable*
  4. crawlspace|media
  5. Techcrunch » Blog Archive » Wikipedia to Launch SearchEngine: Exclusive Screenshot
  6. Wikipedia to Launch SearchEngine: Exclusive Screenshot at Swiss Podcast Directory and Blog
  7. Wikipedia to Launch Search Engine: Exclusive Screenshot at Swiss Podcast Directory and Blog
  8. Multimedias.mobi » Wikipedia-based Search Engine: Exclusive Screenshot
  9. Media-Blog » Bekommt Google bald Konkurrenz? Jimmy Wales plant Suchmaschine Wikiasari
  10. Gadgets.multiplayer.ro » Blog Archive » Wikia To Launch Search Engine: Exclusive Screenshot
  11. Wikipedia to Launch Search Engine: Exclusive Screenshot
  12. techcrunch » Blog Archive » Wikia To Launch Search Engine: Exclusive Screenshot
  13. Wikia To Launch Search Engine: Exclusive Screenshot « PRAKHAR AGRAWAL’S TECH BLOG

Comments

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  1. Simran

    Interesting. She must have gotten a much better offer. I doubt eBay’s Vice President would just leave without being promised significant monetary gain.

    Digg this story here.

  2. Michael Arrington

    Simran - agree, except that Gill is a dude - http://www.eadp.org/main2/Rome05/Penchina.jpg

    :-)

  3. Andrew Fife

    Actually, I’d be surprised if an early-stage startup CEO drew as high a salary as a VP at Ebay so I bet Mr. Penchina left because he believed the equity was highly valuable. In fact, I believe that equity is really the only reason why anyone should ever take a startup CEO position.

  4. jme giffo

    they need to get some branding people in, so its a wiki for everything, even a pro-george bush page lol,

    its a big risk, no marketing, no ads.

  5. Ali

    How do these people manage to Millions of dollars into a website? And than all you see is google ads on the side. wikia has them you tube has them and others as well.

    No wonder google keeps getting richer!

  6. donal scannell

    so this paves the way for the wiki sell-out by the back door? wikipedia is not for profit but the ring-leaders side-step that with this new venture, also based on thousands of people writing free content.

    those who have been screaming about the death of wikipedia have been proved right sooner than i thought.

    not for profit indeed.

    donal scannell

  7. Dimitar Vesselinov

    Entrepreneurial Thought Leaders
    “Gil Penchina, CEO of Wikia, and an 8-year veteran of eBay, contrasts his experiences and lessons of working in a big company with heading a small start-up.”
    http://odeo.com/audio/1162574/view

  8. Yakov

    I have a question - what equity stake would CEO get? How much?

  9. Kevin

    Sorry guys, i knew it was coming….

    http://www.redherring.com/Arti.....l+Penchina

  10. Darren McLaughlin

    Make sense. You knew they’d want to leverage the brand name while it’s still hot.

  11. Kevin

    ohhhh yes

  12. Joe Anderson

    Interestingly enough, I was talking to Jimbo Wales on IRC last night and he didn’t mention this… curious.

  13. Joel

    Great. Another forum to hear peoples opinions. It will be interesting to see how this takes off, how it is moderated and monitored etc.

  14. Daniele Levy

    Gil is an absolutely great business leader and Wikia is lucky to get him. He is fun, sharp, and inspirational. He’s done great things for helping build eBay’s business. I am looking forward to seeing him in action again at Wikia.

  15. Qian Wang

    Went over to Wikia and looked around. In a word, it’s quiet. Looks like they’ve got their work cut out for them to replicate the success of wikipedia. From the podcast it sounds like Gil’s hoping for organic growth with pretty realistic expectations, so hopefully they’ll make it.

  16. Gregory

    It’s sad when a website can use free software (MediaWiki), base a site on a famous site almost completely (Wikipedia), and end up getting $4 million and a famous CEO.

    At least it’s started by Jimmy Wales.. But, still, I don’t see how they could raise $4 million with what looks like a striped down and Google-Ad-ized version of Wikipedia…

  17. John D

    Gil was a valued team member at eBay, I am sure he’ll do well!

  18. Seo Update

    I Like the idea but still think wikipedia rulez better, and i hate te ads on Wikia, Wikipedia is nice and clean.