Sabet writes that In this role, Biz will help us think through and evaluate new investment opportunities. Additionally he will provide us with valuable insight about our current portfolio companies as well. Sabet actually led Spark’s investment in Twitter and serves on the company’s board.
We heard last week, Stone is also taking a step back from Twitter to re-team with Ev Williams and Jason Goldman (both of whom recently left their full-time duties at Twitter) to re-start The Obvious Corporation. The new venture plans to develop new projects and work on solving big problems aligned along a simple mission statement: The Obvious Corporation develops systems that help people work together to improve the world.
Check out our Sarah Lacy’s in-depth conversation with Sabet earlier this year here.