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Jeff Jordan (venture capitalist)

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Jeff Jordan
Jordan in 2018
Born1958 or 1959 (age 65–66)
Alma mater
OccupationVenture capitalist
Known forGeneral Partner at Andreessen Horowitz
Children2

Jeffrey D. Jordan (born 1958 or 1959[1]) is an American venture capitalist at the Silicon Valley firm Andreessen Horowitz and the former President and CEO of OpenTable.[2]

Personal life

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Born as the middle child, Jordan was raised in Philadelphia and Washington D.C.[3] He attended Amherst College in Massachusetts and later graduated with an MBA from Stanford University.[3][4]

Jordan married his Stanford classmate, Karen Shishino, with whom he has twin children.[3]

Early career

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Jordan began his career in 1987 working for Boston Consulting Group in San Francisco followed by a stint at an investment bank in Los Angeles.[3] From 2004 to 2006, Jordan was the president of PayPal.[5] Prior to that, Jordan was senior vice president and general manager at eBay North America for five years,[5] where he ran eBay.com and led eBay’s acquisitions of PayPal and Half.com.[6] Before eBay, Jordan held various executive roles at Hollywood Entertainment (CFO)[7] 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.[8]

Jordan was President and CEO of OpenTable from 2007 to 2011.[9][10] In May 2009, OpenTable’s initial public offering raised $31.4 million, giving the company a market capitalization of $432 million.[11] OpenTable shares rose 72 percent during its first day of trading on NASDAQ[11] and its IPO was considered an “extremely healthy” one during the economic recession.[12]

Jordan has also served on the board of directors for OpenTable,[13] Wealthfront and Zoosk.[14][15] In June 2017, he joined the Cadre board, a real estate investing company Andreessen Horowitz is investing in.[16] 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).[17]

Andreessen Horowitz

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Jordan became Andreessen Horowitz’s fifth general partner in June 2011.[18] In July 2011, Jordan led Airbnb’s $112 million Series B funding from a group of investors including Andreessen Horowitz;[19] he also serves on their board. Jordan’s additional board seats on behalf of Andreessen Horowitz include Belly,[20] Circle, Tilt.com,[21] Fab.com,[22] Instacart,[23] Lookout,[24] Twice,[25] Walker & Co.,[26] 500px,[27] Accolade and Pinterest.[28] Jordan also oversees the firm’s investments in Fanatics, Julep [29] and Zulily.[30]

Philanthropy

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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.[31]

References

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  1. ^ Konrad, Alex (May 19, 2024). "Jeff Jordan, Airbnb Backer And Midas List Investor, Steps Back At A16Z". Forbes.
  2. ^ Hoge, Patrick (December 20, 2011). "Jeff Jordan resigns as OpenTable executive chairman". San Francisco Business Times. Retrieved September 14, 2012.
  3. ^ a b c d Chayka, Kyle (June 8, 2017). "Startup Investing for Sport and Profit". The Ringer.
  4. ^ Marinova, Polina (June 24, 2019). "Lessons From the VC Who's Seen It All Before". Fortune.
  5. ^ a b McMahan, Ty (June 30, 2011). "Andreessen Horowitz Hires OpenTable Chairman Jeff Jordan". Retrieved September 14, 2012.
  6. ^ Lynley, Matthew (June 30, 2011). "Andreessen-Horowitz adds former PayPal exec Jeff Jordan". VentureBeat. Retrieved September 14, 2012.
  7. ^ Jeffrey D. Jordan, MBA ’87 | Stanford Graduate School of Business
  8. ^ "Hollywood Entertainment Corporation Hires Jeff Jordan Chief Financial Officer". Press Release. PR Newswire. Retrieved September 14, 2012..
  9. ^ Rusli, Evelyn M. (June 30, 2011). "OpenTable's Chairman Joins Andreessen Horowitz". DealBook. Retrieved March 26, 2023.
  10. ^ OpenTable (May 29, 2007). "OpenTable Names Jeff Jordan CEO". OpenTable Press.
  11. ^ a b Austin, Scott (May 20, 2009). "OpenTable IPO Prices At $20, Better Than Expected". The Wall Street Journal. Retrieved September 14, 2012.
  12. ^ Schonfeld, Erick (May 21, 2009). "OpenTable Has A Healthy IPO. Shares Shoot Up 40 59 Percent, Market Cap Passes $600 Million". TechCrunch. Retrieved September 14, 2012.
  13. ^ "Jeff Jordan". Andreessen Horowitz. Retrieved March 26, 2023.
  14. ^ "Zoosk Adds New Board Member Aida Álvarez". Zoosk. February 20, 2014. Retrieved March 26, 2023.
  15. ^ "Jeff Jordan". www.inc.com.
  16. ^ "Startup's Ties to Kushners Came With Benefits, Until It Got Complicated". Bloomberg.com. June 6, 2017. Retrieved June 21, 2017.
  17. ^ Rusli, Evelyn M. (June 30, 2011). "OpenTable's Chairman Joins Andreessen Horowitz". The New York Times. Retrieved September 14, 2012.
  18. ^ Perlroth, Nicole (June 30, 2011). "In Double Whammy, Andreessen Horowitz Brings Jeff Jordan On As Partner". Forbes. Retrieved September 14, 2012.
  19. ^ "AirBnB gets $112M in new investment". GigaOM. July 24, 2011. Archived from the original on December 3, 2012. Retrieved September 14, 2012.
  20. ^ Geron, Tomio (May 8, 2012). "Belly Ramps Up Loyalty Service With $10M From Andreessen Horowitz". Retrieved September 14, 2012.
  21. ^ Empson, Rip (April 18, 2013). "Crowdtilt Confirms $12M Raise From Andreessen, Sean Parker, Dave Morin & Others; Tables Mobile Acquisition". Techcrunch.
  22. ^ "Fab.com Raises $40 Million in Series B Financing Led By Andreessen Horowitz". Yahoo! News. December 7, 2011. Retrieved September 14, 2012.
  23. ^ Perlroth, Nicole (June 16, 2014). "On-Demand Grocery Startup Instacart Raises $44 Million From Andreessen Horowitz". Techcrunch.
  24. ^ "Lookout Mobile Security Secures $40 Million Investment Led by Andreessen Horowitz". News Room. Lookout. Retrieved September 14, 2012.
  25. ^ Del Ray, Jason (January 16, 2014). "Online Consignment Shops Stay Hot, as Andreessen Horowitz Leads $18.5 Million Investment in Twice". Recode.
  26. ^ Lawler, Ryan (June 17, 2014). "Tristan Walker's Health And Beauty Startup Walker & Co. Raises $6.9M Led By Andreessen Horowitz". Techcrunch.
  27. ^ Jordan, Jeff (June 12, 2011). "About Jeff Jordan". a16z.
  28. ^ Kincaid, Jason (October 7, 2011). "Confirmed: Pinterest Raises $27 Million Round Led By Andreessen Horowitz". TechCrunch. Retrieved September 14, 2012.
  29. ^ Bensinger, Greg (February 28, 2013). "Andreessen Leads $10.3 Million Round for Web Cosmetics Purveyor Julep". WSJ Digits.
  30. ^ Cook, John (November 15, 2012). "Daily deal site Zulily raises $85 million from Andreessen Horowitz, tops 10M members". Geekwire.
  31. ^ McBride, Sarah (April 25, 2012). "Andreessen Horowitz partners pledge income to charity". Reuters. Retrieved August 3, 2012.
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