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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.

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stephenshankland.jpg
Stephen Shankland principal writer
Stephen Shankland has been a reporter at CNET since 1998 and writes about processors, digital photography, AI, quantum computing, computer science, materials science, supercomputers, drones, browsers, 3D printing, USB, and new computing technology in general. He has a soft spot in his heart for standards groups and I/O interfaces. His first big scoop was about radioactive cat poop.
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  • I've been covering the technology industry for 24 years and was a science writer for five years before that. I've got deep expertise in microprocessors, digital photography, computer hardware and software, internet standards, web technology, and other dee
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Stephen Shankland

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."