Jeff Jordan (venture capitalist)

Jeffrey D. Jordan (born 1959 (age 64)[1]) is an American venture capitalist at the Silicon Valley firm Andreessen Horowitz and the former President and CEO of OpenTable.[2]

Personal life

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

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

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]

References

  1. Alex Konrad. Jeff Jordan, Airbnb Backer And Midas List Investor, Steps Back At A16Z Forbes, May 19, 2024^
  2. Patrick Hoge. Jeff Jordan resigns as OpenTable executive chairman San Francisco Business Times, 20 December 2011, retrieved 14 September 2012^
  3. Kyle Chayka. Startup Investing for Sport and Profit The Ringer, June 8, 2017^
  4. Polina Marinova. Lessons From the VC Who's Seen It All Before Fortune, June 24, 2019^
  5. Ty McMahan. Andreessen Horowitz Hires OpenTable Chairman Jeff Jordan 30 June 2011, retrieved 14 September 2012^
  6. Matthew Lynley. Andreessen-Horowitz adds former PayPal exec Jeff Jordan VentureBeat, 30 June 2011, retrieved 14 September 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 14 September 2012^
  9. Evelyn M. Rusli. OpenTable's Chairman Joins Andreessen Horowitz DealBook, 2011-06-30, retrieved 2023-03-26^
  10. OpenTable. OpenTable Names Jeff Jordan CEO OpenTable Press, 29 May 2007^
  11. Scott Austin. OpenTable IPO Prices At $20, Better Than Expected The Wall Street Journal, 20 May 2009, retrieved 14 September 2012^
  12. Erick Schonfeld. OpenTable Has A Healthy IPO. Shares Shoot Up 40 59 Percent, Market Cap Passes $600 Million TechCrunch, 21 May 2009, retrieved 14 September 2012^
  13. Jeff Jordan Andreessen Horowitz, retrieved 2023-03-26^
  14. Zoosk Adds New Board Member Aida Álvarez Zoosk, 2014-02-20, retrieved 2023-03-26^
  15. Jeff Jordan www.inc.com^
  16. Startup's Ties to Kushners Came With Benefits, Until It Got Complicated Bloomberg.com, 2017-06-06, retrieved 2017-06-21^
  17. Evelyn M. Rusli. OpenTable's Chairman Joins Andreessen Horowitz The New York Times, 30 June 2011, retrieved 14 September 2012^
  18. Nicole Perlroth. In Double Whammy, Andreessen Horowitz Brings Jeff Jordan On As Partner Forbes, 30 June 2011, retrieved 14 September 2012^
  19. AirBnB gets $112M in new investment GigaOM, 24 July 2011, retrieved 14 September 2012^
  20. Tomio Geron. Belly Ramps Up Loyalty Service With $10M From Andreessen Horowitz 8 May 2012, retrieved 14 September 2012^
  21. Rip Empson. Crowdtilt Confirms $12M Raise From Andreessen, Sean Parker, Dave Morin & Others; Tables Mobile Acquisition Techcrunch, 18 April 2013^
  22. Fab.com Raises $40 Million in Series B Financing Led By Andreessen Horowitz Yahoo! News, 7 December 2011, retrieved 14 September 2012^
  23. Nicole Perlroth. On-Demand Grocery Startup Instacart Raises $44 Million From Andreessen Horowitz Techcrunch, 16 June 2014^
  24. Lookout Mobile Security Secures $40 Million Investment Led by Andreessen Horowitz News Room, Lookout, retrieved 14 September 2012^
  25. Jason Del Ray. Online Consignment Shops Stay Hot, as Andreessen Horowitz Leads $18.5 Million Investment in Twice Recode, 16 January 2014^
  26. Ryan Lawler. Tristan Walker's Health And Beauty Startup Walker & Co. Raises $6.9M Led By Andreessen Horowitz Techcrunch, 17 June 2014^
  27. Jeff Jordan. About Jeff Jordan a16z, 12 June 2011^
  28. Jason Kincaid. Confirmed: Pinterest Raises $27 Million Round Led By Andreessen Horowitz TechCrunch, 7 October 2011, retrieved 14 September 2012^
  29. Greg Bensinger. Andreessen Leads $10.3 Million Round for Web Cosmetics Purveyor Julep WSJ Digits, 28 February 2013^
  30. John Cook. Daily deal site Zulily raises $85 million from Andreessen Horowitz, tops 10M members Geekwire, 15 November 2012^