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