Evernote Founder Phil Libin Moves to VC Firm General Catalyst

Phil Libin is joining venture-capital firm General Catalyst as its newest general partner, two months after stepping down as chief executive of Evernote Inc., maker of a popular productivity app.

Mr. Libin becomes the fourth general partner in Silicon Valley for General Catalyst, which also has two GPs in New York and three in Boston, where the firm was founded 15 years ago.

In an interview, Mr. Libin said he had spoken to a few venture-capital firms and hadn’t planned on going back to work so soon, but because he thought the fit was particularly good with General Catalyst, he wanted to start right away. He starts work next Monday and will help the firm deploy its $675 million seventh fund.

“They have experience creating companies from the beginning,” said Mr. Libin, who said he most enjoys helping entrepreneurs as they form their ideas. “That combined with the geography. Mr. Libin’s past overlaps with General Catalyst: he grew up in New York City, before founding companies first in Boston and then in California.