Greylock Partners Launches $100M Initiative to Invest in Marketplace Startups
Summary
Menlo Park, CA-based venture capital firm Greylock Partners promoted Simon Rothman to partner and decided to dedicate $100m to marketplace startups.Rothman, who is the former eBay Motors founder and a former Greylock executive-in-residence, will focus on investing in marketplaces as well as other network effects businesses and transaction-based startups.The firm will back companies with financial resources, advice, content and relationships.To that end, Greylock will be organizing a marketplace conference to take place later this year in Silicon Valley with speakers such as Airbnb CEO & co-founder Brian Chesky and eBay CEO John Donohoe.FinSMEs 03/09/2013
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