PayPal Exec Dana Stalder Joins VC Matrix Partners (EBAY)
Dana Stalder, an SVP at eBay's PayPal, has left the company to become a general partner at Matrix Partners at its Sand Hill road office. He'll be focusing on Web investments for the VC firm, which has its roots in Boston and is best known for taking stakes in more technical plays, like SanDisk and Veritas.
This move looks to be different than the PayPal exodus that generated lots of attention a couple of years ago. Back then, departures from the company were noteworthy because the folks leaving were original employees (who then went on to form companies like YouTube, Slide and Yelp). But Dana, who joined PayPal in 2004, is part of the wave of eBay vets who moved to the payment unit to step into those vacant slots.




Dana as a VC is the funniest thing I have read in a long time. The eBay "vet" has no instincts for early-stage investments. In fact, has any eBay exec demonstrated any ability to forge something new?
eBay is all about PowerPoint and meetings, probably the last place to find a exec with early-stage VC talents.
PayPal only acquired one company during his era. I don't think he was involved in the StumpleUpon transaction, which was smart, or the Skype fiasco.
But Matrix should not be investing in companies to be acquired by eBay; their fund is too large for that to be really interesting.
He also doesn't grasp that all of the great consumer Internet plays are started by founders in their 20s.
Mark and iapyap:
Have either of you started a company?
Raised top-tier venture capital?
Successfully exited such venture with major profits returned to your investors?
I doubt it.
Anyway, it's all just talk at this point. Congrats to Dana on joining other successful eBay entrepreneur and alum, Bo Shao at Matrix. And good luck to Jay with whatever you do.
dvd creator for mac
dvd ripper for mac
dvd to ipod converter for mac
flv to ipod mac
iphone converter for mac
ipod to mac transfer
mac avi converter
mp4 converter for mac
mod converter
avi to swf