Last week, rumors were rampant that Yahoo's Network Division Executive Vice President, Jeff Weiner, would be leaving the Sunnyvale search engine. The news is now official, with an announcement of Weiner's new role as an Executive in Residence at Accel Partners and Greylock Partners, two venture capitalist firms.
Weiner will split his time evenly between the two firms, advising leadership on their existing tech portfolios as well as consulting on new investment opportunities.
“Jeff's operational experience in scaling products, teams and revenue will help Greylock enhance our capabilities and add value to our investments,” said David Sze, General Partner at Greylock.
“We are thrilled to have access to Jeff's perspective on web product strategy and operations,” said Theresia Ranzetta, General Partner at Accel. “Additionally, we look forward to leveraging Jeff's expertise regarding the convergence of media and technology for existing and future Accel portfolio properties.”