Yahoo exec joins two venture firms

Jeff Weiner, formerly executive vice president of Yahoo's network division, will indeed begin working at Accel Partners and Greylock Partners.

Jeff Weiner, executive vice president of Yahoo's Network Division
Jeff Weiner, executive vice president of Yahoo's network division Stephen Shankland/CNET News.com

Jeff Weiner, a top Yahoo executive who announced his departure from the company last week , is indeed joining two venture capital firms.

Accel Partnerse and Greylock Partners both announced Monday that Weiner is joining as "executive in residence."

"Weiner will advise the leadership teams of existing Accel and Greylock consumer technology portfolio companies, and will also work closely with the firm's partners to evaluate new investment opportunities," the firms said.

Weiner was executive vice president of Yahoo's network division, overseeing many of the Internet company's most important products.

According to a memo from Yahoo President Susan Decker, reported on TechCrunch, "On an interim basis, Jeff's team will report to me as we consider how to best move the organization forward."

Featured Video
6
This content is rated TV-MA, and is for viewers 18 years or older. Are you of age?
Sorry, you are not old enough to view this content.

The problem with Amazon Dash buttons

Limits on choice mean new shopping gadget won't click for everyone. Bridget Carey explains how the buttons work, and the rule changes for sharing your Prime perks with others.

by Bridget Carey