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Former eHarmony Head Greg Waldorf Joins Accel As CEO-In-Residence

Alexia Tsotsis

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Alexia Tsotsis is the co-editor of TechCrunch. She attended the University of Southern California in Los Angeles, CA, majoring in Writing and Art, and moved to New York City shortly after graduation to work in the media industry. After four years of living in New York and attending courses at New York University, she returned to Los Angeles in... → Learn More

Monday, January 31st, 2011
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Accel Partners is announcing today the addition of former eHarmony head CEO Greg Waldorf as CEO-in-residence. Waldof spent eleven years at eHarmony and five as CEO before leaving the company a couple of weeks ago and landing at Accel as of today.

While at eHarmony, Waldorf oversaw an online dating business that raked in more than $1 billion in revenue. Under his helm the company expanded into over 15 countries worldwide. Waldorf has previously worked with Accel on the board of real estate startup Trulia.

Waldorf told us over the phone that he’s most excited about the companies with freemium business models given his background in paid services like dating. He’s also interested in spending some time in Accel’s New York and London offices as so many interesting things are happening internationally with regards to entreprenuership.

As Accel CEO-in-residence, Waldorf will be succeeding LinkedIn CEO Jeff Weiner and former Googler Singh Cassidy who went on to found Polyvore. When asked what his number one piece of advice for budding entrepreneurs is Waldorf said “pick your partners wisely.”

Accel recently launched its New York branch, joining its offices in Silicon Valley, New York, London, Bangalore, New Delhi, Shanghai and Beijing.

The VC firm has has also had some recent notable exits, including that of Diapers.com to Amazon for $540 Million, Admob to Google for $750 Million and Playfish to Electronic Arts for $300 million.

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Financial-organization: Accel Partners
Website: accel.com
Launch Date: 1983

Accel Partners is a global venture capital firm with offices located in Silicon Valley, New York, London, China, and India. They typically make multi-stage investments in internet technology companies. Founded in 1983, Accel Partners has a long history of excellence and innovation in the venture capital business and is dedicated to partnering with outstanding entrepreneurs and management teams to build world-class companies. Accel today invests globally using dedicated teams and market-specific strategies for local geographies, with offices in Palo...

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