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VC firm co-founder leaves after short stint

C.A. Webb in 2015.Pat Greenhouse/Globe Staff/File

C.A. Webb, a former director of the New England Venture Capital Association, is leaving her job as co-founder of new venture fund after 18 months.

In a blog post Monday, Webb said she was stepping down from the firm —Underscore.VC, where she helped raise the investment fund and build the firm’s operating model. Webb wrote that the job had changed in the firm’s short history, moving “away from the things I most want to do.”

“That’s just how it goes sometimes, and rather than stick around to play a role I’m less suited to, I’ve made the difficult decision to move on,” she wrote. In a separate blog post, Underscore co-founder Michael Skok wrote that the firm is looking for a new executive director for its non-profit operation.

Webb previously spent about three years as the head of the NEVCA, getting the regional venture trade group more heavily involved in community events and political causes such as lobbying to change the state’s laws on employee non-competition contracts.

She previously served as a marketing executive for online caregiver marketplace Care.com Inc. and recyclable consumer goods seller Preserve.


Curt Woodward can be reached at curt.woodward@globe.com. Follow him on Twitter @curtwoodward.