Jeff Jordan (venture capitalist)

Last updated
Jeff Jordan
Jeff Jordan 2018.jpg
Jordan in 2018
Occupation Venture capitalist
Known forGeneral Partner at Andreessen Horowitz

Jeffrey D. Jordan is an American venture capitalist at the Silicon Valley firm Andreessen Horowitz and the former President and CEO of OpenTable. [1]

Contents

Early career

From 2004 to 2006, Jordan was the president of PayPal. [2] Prior to that, Jordan was senior vice president and general manager at eBay North America for five years, [2] where he ran eBay.com and led eBay’s acquisitions of PayPal and Half.com. [3] Before eBay, Jordan held various executive roles at Hollywood Entertainment (CFO) [4] and The Walt Disney Company. Prior to his stint at the Walt Disney Company, Jordan was a management consultant at the Boston Consulting Group upon graduating from the Stanford Graduate School of Business. [5]

Jordan was President and CEO of OpenTable from 2007 to 2011. [6] [7] In May 2009, OpenTable’s initial public offering raised $31.4 million, giving the company a market capitalization of $432 million. [8] OpenTable shares rose 72 percent during its first day of trading on NASDAQ [8] and its IPO was considered an “extremely healthy” one during the economic recession. [9]

Jordan has also served on the board of directors for OpenTable, [10] Wealthfront and Zoosk. [11] [12] In June 2017, he joined the Cadre board, a real estate investing company Andreessen Horowitz is investing in. [13] He's also been an active investor and adviser in Silicon Valley for several years, with involvements in Pure Digital (the maker of the Flip Video camera later acquired by Cisco), Hotwire.com (acquired by Expedia), Tiny Prints (acquired by Shutterfly) and CafePress (which went public in 2012). [14]

Andreessen Horowitz

Jordan became Andreessen Horowitz’s fifth general partner in June 2011. [15] In July 2011, Jordan led Airbnb’s $112 million Series B funding from a group of investors including Andreessen Horowitz; [16] he also serves on their board. Jordan’s additional board seats on behalf of Andreessen Horowitz include Belly, [17] Circle, Tilt.com, [18] Fab.com, [19] Instacart, [20] Lookout, [21] Twice, [22] Walker & Co., [23] 500px, [24] Accolade and Pinterest. [25] Jordan also oversees the firm’s investments in Fanatics, Julep [26] and Zulily. [27]

Philanthropy

In April 2012, Jordan along with Andreessen Horowitz General Partners Marc Andreessen, Ben Horowitz, John O’Farrell, Scott Weiss, and Peter Levine pledged to give half of their lifetime income from venture capital to charity. [28]

Related Research Articles

<span class="mw-page-title-main">Marc Andreessen</span> American entrepreneur, investor, and software engineer

Marc Lowell Andreessen is an American entrepreneur, venture capital investor, and software engineer. He is the co-author of Mosaic, the first widely used web browser with a graphical user interface; co-founder of Netscape; and co-founder and general partner of Silicon Valley venture capital firm Andreessen Horowitz. He co-founded and later sold the software company Opsware to Hewlett-Packard. Andreessen is also a co-founder of Ning, a company that provides a platform for social networking websites. He sits on the board of directors of Meta Platforms. Andreessen was one of six inductees in the World Wide Web Hall of Fame announced at the First International Conference on the World-Wide Web in 1994. As of February 2023, his net-worth is estimated at $1.7 billion by Forbes.

Benchmark is a venture capital firm founded in 1995 by Bob Kagle, Bruce Dunlevie, Andy Rachleff, Kevin Harvey, and Val Vaden. It is headquartered at 140 New Montgomery in San Francisco.

Airware was an American venture-funded startup that provided commercial unmanned aerial vehicles for enterprises. The company ceased operations on September 14, 2018.

Justin Kan is an American internet entrepreneur and investor. He is the co-founder of live video platforms Justin.tv and Twitch, as well as the mobile social video application Socialcam. He is also the cofounder and former CEO of law-tech company Atrium.

<span class="mw-page-title-main">Chris Dixon</span> American businessman

Chris Dixon is an American internet entrepreneur and investor. He is a general partner at the venture capital firm Andreessen Horowitz, and previously worked at eBay. He is also the co-founder and former CEO of Hunch. He was #1 on the Midas List in 2022. Dixon is known as a cryptocurrency and Web3 evangelist.

<span class="mw-page-title-main">Bain Capital Ventures</span> American venture capital division within Bain Capital

Bain Capital Ventures LLC is the venture capital division within Bain Capital, which has approximately $160 billion of assets under management worldwide. The firm's early-stage investments have included Attentive, Bloomreach, Billtrust, Docusign, Flywire, LinkedIn, Justworks, Turbonomic, Rent the Runway, Twilio, Rapid7, and Redis. Bain Capital Ventures manages $10 billion of committed capital, has over 400 active portfolio companies, and has offices in New York City, Palo Alto, and San Francisco.

<span class="mw-page-title-main">Skype Qik</span> Video messaging service from Skype

Skype Qik was a video messaging service by Skype. It was created by the company, Skype Technologies, who acquired Qik. The service, offered for Android, iOS, and Windows Phone devices, allowed users to exchange video messages between individuals or within a group.

<span class="mw-page-title-main">Ben Horowitz</span> Technology entrepreneur and co-founder of venture capital firm Andreessen Horowitz

Benjamin Abraham Horowitz is an American businessman, investor, blogger, and author. He is a technology entrepreneur and co-founder of the venture capital firm Andreessen Horowitz along with Marc Andreessen. He previously co-founded and served as president and chief executive officer of the enterprise software company Opsware, which Hewlett-Packard acquired in 2007. Horowitz is the author of The Hard Thing About Hard Things: Building a Business When There Are No Easy Answers, a book about startups, and What You Do Is Who You Are: How to Create Your Business Culture.

<span class="mw-page-title-main">Slack Technologies</span> Software company in Canada

Slack Technologies, LLC is an American software company founded in 2009 in Vancouver, British Columbia, known for its proprietary communication platform Slack. Outside its headquarters in San Francisco, California, Slack operates offices in New York City, Denver, Toronto, London, Paris, Tokyo, Dublin, Vancouver, Pune, and Melbourne.

Andreessen Horowitz is a private American venture capital firm, founded in 2009 by Marc Andreessen and Ben Horowitz. The company is headquartered in Menlo Park, California. As of April 2023, Andreessen Horowitz ranks first on the list of venture capital firms by AUM.

<span class="mw-page-title-main">Peter J. Levine</span>

Peter J. Levine is an American software executive and venture capitalist.

Intel Capital is a division of Intel Corporation, set up to manage corporate venture capital, global investment, mergers and acquisitions. Intel Capital makes equity investments in a range of technology startups and companies offering hardware, software, and services targeting artificial intelligence, autonomous technology, data center and cloud, 5G, next-generation compute, semiconductor manufacturing and other technologies.

CipherCloud is an American software company providing cloud security to businesses. The company was established in 2010 and is based out of San Jose, California.

Apptio is a Bellevue, Washington-based company founded in 2007 that develops technology business management (TBM) software as a service (SaaS) applications. Apptio enterprise apps are designed to assess and communicate the cost of IT services for planning, budgeting and forecasting purposes; Apptio's services offer tools for CIOs to manage technology departments' storage, applications, energy usage, cybersecurity, and reporting obligations. manage the costs of public cloud, migration to public cloud and SaaS portfolios; and adopt and scale Agile across the enterprise.

TinyCo is a mobile video game studio and the creator of Family Guy: The Quest for Stuff, Futurama Worlds of Tomorrow, Marvel Avengers Academy, Guess!, Spellstorm, Tiny Castle, Tiny Monsters, Tiny Village, and Tiny Zoo.

Mixpanel is an event analytics service company. It tracks user interactions with web and mobile applications.

Lowercase Capital is an American venture capital firm that provided seed and early stage funding for a number of successful startups including Twitter, Twilio, Kickstarter, Uber, Instagram, and Stripe. It raised over $1 billion in capital and sources claim a return of at least $5 billion to its investors.

<span class="mw-page-title-main">Gigster</span> American dot-com company

Gigster provides a service that allows users to get tech projects built on demand. It was co-founded by Roger Dickey and Debo Olaosebikan and based in San Francisco, California. They received seed funding from Greylock Partners, Bloomberg Beta, as well as notable angel investors and founders Naval Ravikant of AngelList, Justin Waldron of Zynga, and Emmett Shear of Twitch, among others. They were a part of Y-Combinator's Summer 2015 class.

Astranis Space Technologies Corp., doing business as Astranis, is a private American geostationary communications satellite operator and manufacturer headquartered in San Francisco, California. It was founded by chief executive officer John Gedmark and Chief Technical Officer Ryan McLinko.

<span class="mw-page-title-main">DST Global</span> Venture capital firm

DST Global is a venture capital and private equity firm that primarily invests in late-stage internet companies. DST Global has been described as one of the largest and most influential venture firms in the world, with an estimated $50 billion in assets under management. DST Global’s founder is Yuri Milner and its co-founders are Saurabh Gupta, John Lindfors, Rahul Mehta and Tom Stafford. The company was founded in 2009 as a spinoff from Russian company Digital Sky Technologies, which became Mail.ru Group. In the early 2010s, DST Global international investments were focused on emerging markets such as China.

References

  1. Hoge, Patrick (20 December 2011). "Jeff Jordan resigns as OpenTable executive chairman". San Francisco Business Times. Retrieved 14 September 2012.
  2. 1 2 McMahan, Ty (30 June 2011). "Andreessen Horowitz Hires OpenTable Chairman Jeff Jordan" . Retrieved 14 September 2012.
  3. Lynley, Matthew (30 June 2011). "Andreessen-Horowitz adds former PayPal exec Jeff Jordan". VentureBeat. Retrieved 14 September 2012.
  4. Jeffrey D. Jordan, MBA ’87 | Stanford Graduate School of Business
  5. "Hollywood Entertainment Corporation Hires Jeff Jordan Chief Financial Officer". Press Release. PR Newswire. Retrieved 14 September 2012..
  6. Rusli, Evelyn M. (2011-06-30). "OpenTable's Chairman Joins Andreessen Horowitz". DealBook. Retrieved 2023-03-26.
  7. OpenTable (29 May 2007). "OpenTable Names Jeff Jordan CEO". OpenTable Press.
  8. 1 2 Austin, Scott (20 May 2009). "OpenTable IPO Prices At $20, Better Than Expected". The Wall Street Journal. Retrieved 14 September 2012.
  9. Schonfeld, Erick (21 May 2009). "OpenTable Has A Healthy IPO. Shares Shoot Up 40 59 Percent, Market Cap Passes $600 Million". TechCrunch. Retrieved 14 September 2012.
  10. "Jeff Jordan". Andreessen Horowitz. Retrieved 2023-03-26.
  11. "Zoosk Adds New Board Member Aida Álvarez". Zoosk. 2014-02-20. Retrieved 2023-03-26.
  12. "Jeff Jordan". www.inc.com.
  13. "Startup's Ties to Kushners Came With Benefits, Until It Got Complicated". Bloomberg.com. 2017-06-06. Retrieved 2017-06-21.
  14. Rusli, Evelyn M. (30 June 2011). "OpenTable's Chairman Joins Andreessen Horowitz". The New York Times. Retrieved 14 September 2012.
  15. Perlroth, Nicole (30 June 2011). "In Double Whammy, Andreessen Horowitz Brings Jeff Jordan On As Partner". Forbes. Retrieved 14 September 2012.
  16. "AirBnB gets $112M in new investment". GigaOM. 24 July 2011. Retrieved 14 September 2012.
  17. Geron, Tomio (8 May 2012). "Belly Ramps Up Loyalty Service With $10M From Andreessen Horowitz" . Retrieved 14 September 2012.
  18. Empson, Rip (18 April 2013). "Crowdtilt Confirms $12M Raise From Andreessen, Sean Parker, Dave Morin & Others; Tables Mobile Acquisition". Techcrunch.
  19. "Fab.com Raises $40 Million in Series B Financing Led By Andreessen Horowitz". Yahoo! News. 7 December 2011. Retrieved 14 September 2012.
  20. Perlroth, Nicole (16 June 2014). "On-Demand Grocery Startup Instacart Raises $44 Million From Andreessen Horowitz". Techcrunch.
  21. "Lookout Mobile Security Secures $40 Million Investment Led by Andreessen Horowitz". News Room. Lookout. Retrieved 14 September 2012.
  22. Del Ray, Jason (16 January 2014). "Online Consignment Shops Stay Hot, as Andreessen Horowitz Leads $18.5 Million Investment in Twice". Recode.
  23. Lawler, Ryan (17 June 2014). "Tristan Walker's Health And Beauty Startup Walker & Co. Raises $6.9M Led By Andreessen Horowitz". Techcrunch.
  24. Jordan, Jeff (12 June 2011). "About Jeff Jordan". a16z.
  25. Kincaid, Jason (7 October 2011). "Confirmed: Pinterest Raises $27 Million Round Led By Andreessen Horowitz". TechCrunch. Retrieved 14 September 2012.
  26. Bensinger, Greg (28 February 2013). "Andreessen Leads $10.3 Million Round for Web Cosmetics Purveyor Julep". WSJ Digits.
  27. Cook, John (15 November 2012). "Daily deal site Zulily raises $85 million from Andreessen Horowitz, tops 10M members". Geekwire.
  28. McBride, Sarah (25 April 2012). "Andreessen Horowitz partners pledge income to charity". Reuters. Retrieved 3 August 2012.