Accel’s Jim Breyer is joining eBay’s board. I am not a major fan of VCs, admittedly, most are having a hard time running their own business, let alone giving sound advice to the businesses they invest in.
But some VCs have managed to build their brand quite well, deservedly so, oftentimes through shrewd investments, sound decisions and a healthy dose of networking.
Breyer is probably best known for being on the board of Facebook and one of Mark Zuckerberg’s biggest backers. But while everyone can question Mark Z.’s wisdom for not selling Facebook yet or his management team’s game of musical chairs, as an entrepreneur myself, I must say, it’s great to see Jim Breyer back Mark Z. 100% (I don’t doubt if privately they have heated exchanges, but at least in public, the man stands alongside and behind Mark, and doesn’t seem to try to get in the way).
Anyway, what’s interesting about Breyer is that he’s not just a sought after board member of startups, but also established powerhouses such as Marvel and Walmart. Well, you can add eBay to the lot, too. For eBay, this is critical since they just announced spinning off Stumble Upon and word on the street is that Skype is next.
If a company shells out billions on startups ($4B for Skype, $75M for Stumble Upon) and doesn’t know what to do with them, they lack startup mojo, and perhaps having someone like Breyer on board will allow them to not just spot amazing opportunities but integrate and scale them further. Read Mark Arrington’s man crush here.
And speaking of Marvel, check out some of these videos on DC Comics and Marvel action heroes below:
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