[qi:026] The slow and steady exodus of executives from Google (GOOG) has been in progress for a while now. Today, two senior members of the corporate development team left Googleplex for good, to start a new venture fund, Merus Capital.
Salman Ullah, Google’s vice president of corporate development; Sean Dempsey, principal at Google’s corporate development group and Peter Hsing, a general manager of corporate strategy at Microsoft have teamed up to start this new fund.
The news first reported by VentureBeat as Copper River Ventures. The fund is going to focus on small early stage deals. Of course, it helps that like Ullah and Dempsey, many Googlers are leaving the company to rev-up their own start-ups. Merus, which means pure in latin, could be assured of a steady deal flow.