Simon joined Greylock in 2011 as an Executive-in-Residence and was promoted to Partner in 2013. He invests in entrepreneurs building consumer networks and platforms. His area of focus includes network effects businesses, transaction-based startups, and mobile apps with a specialty around marketplaces. He has served as an advisor to many marketplaces and networks including Lyft, Wanelo, Poshmark, Tango, and others. Simon is also leading Greylock’s $100 million commitment to marketplace investments.
Simon is an early pioneer of online marketplaces and network effect businesses having joined eBay when it was a small, US collectibles auction business. He helped scale eBay to nearly 200 million users generating over $40 billion in merchandise sales. While at eBay Simon was Founder and Global Vice President of eBay Motors, a division of eBay that nationalized the used car market. Within 6 1Ž2 years Simon built eBay Motors into a $14 billion a year global business becoming the number one automotive marketplace in the world and a top 10 eCommerce property. In addition to founding and running eBay Motors, Simon was responsible for eBay’s US Operations. The $10 billion business unit covered the P&L’s for all US categories except media.
Before founding eBay Motors, Simon worked for several years as a strategy consultant at McKinsey & Company. He has also founded a marketplace, been issued 4 United States patents, and graduated from Harvard.
Advisory Roles (6)Update
- 08/19/12 -techcrunch.com