Marc Bodnick

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Marc Bodnick is an American entrepreneur and venture capitalist, best known as a co-founder of Elevation Partners.

Bodnick earned a bachelors degree in government at Harvard University and a masters in political science at Stanford University.[1]

Bodnick was a founding principal of Silver Lake Partners.[1] He also worked at Blackstone Group.[1] In 2003 he co-founded Elevation Partners, along with Bono and a number of Silicon Valley investors and executives. As Managing Director, he was credited with reversing the poor performance of the fund's first fund,[2] by leading a total of $210 million of investment in Facebook (where his sister-in-law Sheryl Sandberg, is Chief Operating Officer)[3] and a $100 million investment in Yelp, Inc.[1][4][5]

In early 2011 he was recruited to become an executive at Quora, a question-and-answer website, after he joined as the site's 137th member. A friend of the founders, he had received an invitation to become a closed beta user after running into a company executive at a party.[6] He became a prominent contributor, asking and answering questions on a wide range of technical as well as nontechnical subjects. Upon his departure from Elevation, there was a reported dispute over his entitlement to a share of the Elevation partnership's gains in the Facebook stock it held.[7]

References

  1. ↑ 1.0 1.1 1.2 1.3 Frommer, Dan (January 26, 2011). "Meet Quora's New Grown-Up: Elevation Partners' Marc Bodnick". Business Insider. 
  2. ↑ Chris Obrien (January 8, 2011). "Marc Bodnick, Facebook and Elevation Partner's social media success". San Jose Mercury News. 
  3. ↑ Evan Hessel (September 7, 2009). "Facebook's Sheryl Sandberg". Forbes. 
  4. ↑ "Superstar Marc Bodnick leaving Yelp, Facebook investor Elevation Partners". Venture Beat. January 25, 2011. 
  5. ↑ Claire Cain Miller (January 27, 2010). "Yelp Gets a Five-Star Review from Elevation Partners". New York Times. 
  6. ↑ Thomas, Owen (January 29, 2011). "Marc Bodnick opens up about his move to Quora — on Quora". Venture Beat. 
  7. ↑ Lyons, Daniel (January 30, 2011). "Bono’s Silicon Valley Soap Opera". Newsweek Magazine. 
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