Peter Pham, CEO of BillShrink, has just Tweeted that he’s leaving the startup to become an entrepreneur-in-residence at VC firm Trinity Ventures. According to a blog post, Pham says he is “moving on to pursue new entrepreneurial opportunities as an Entrepreneur-in-Residence at Trinity Ventures, which led BillShrink’s Series B of $8 million.”
BillShrink’s co-founder Schwark Satyavolu will assume the role of CEO (he was previously the CTO). Before starting BillShrink, Pham was the Vice President of Business Development at Photobucket.com, which was acquired by Fox Interactive Media in 2007. He’s also an advisor to Docsctoc, Scrapblog, Ustream, and a number of other startups.
BillShrink has seen considerable success under Pham’s leadership. Launched in 2008, BillShrink is a free online service to help consumers make better purchase decisions for complex product categories. The site has launched a number of verticals including TV, savings accounts, gas stations, credit cards, and phone bills. The site, which had grown to one million members as of last Fall, also recently scored a deal with Walmart, which features Billshrink on its in-store cell phone kiosks.
Peter is currently a co-founder & Partner at Science. Peter has been been a part of building companies like Photobucket. As Vice President of Business Development at Photobucket he was the 5th employee and was responsible for driving growth to 61M users and leading its $300M acquisition in 2007 to Fox Interactive Media, a division of News Corporation. Peter then turned his energy in helping people save money as CEO of BillShrink from inception to their 1st Million users...