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JIM BREYER: FORBES’ Magazine Most Powerful Dealmaker.

By Nicholas Okoye
24 October 2015   |   1:18 am
JAMES W. Breyer is an American venture capitalist, founder and CEO of Breyer Capital, an investment and venture philanthropy firm, and a partner at Accel Partners, a venture capital firm. Breyer has invested in over 30 companies that have gone public or completed a merger, with some of these investments, including Facebook, earning over 100…
Breyer. Photo; allthingsd

Breyer. Photo; allthingsd

JAMES W. Breyer is an American venture capitalist, founder and CEO of Breyer Capital, an investment and venture philanthropy firm, and a partner at Accel Partners, a venture capital firm. Breyer has invested in over 30 companies that have gone public or completed a merger, with some of these investments, including Facebook, earning over 100 times cost and many others over 25 times cost.

Breyer was born in 1961 in New Haven, Connecticut. In 1983, Breyer received a B.S. with Distinction in Interdisciplinary Studies from Stanford University. He spent his junior year studying in Florence, Italy and is active in what is now Stanford’s Breyer Center for Overseas Studies in Florence. He was drawn to Silicon Valley’s technology industry and during college he worked part-time for both Hewlett-Packard and Apple Inc. After college, he accepted a job as a management consultant for McKinsey & Company in New York for two years. In 1987, he earned a Master of Business Administration degree from Harvard University where he was named a Baker Scholar graduating in the top 5% of his class.

In 1987 he accepted a job with the venture capital firm Accel Partners in San Francisco and was mentored by founders Arthur Patterson and Jim Swartz. In 1990, he was named a partner and in 1995, he became a managing partner.

Accel Partners was Facebook’s biggest shareholder after Mark Zuckerberg, owning an 11% stake at the time of the company’s IPO. In 2005, Breyer led Accel Partners’ $12.7 million deposit at a $98 million valuation in the then ten-employee startup Facebook. In 2000, Breyer also established Accel-KKR, a joint venture between Accel Partners and the private equity firm KKR. Breyer also led the 2004 management buyout of BBN Technologies from Verizon.

In 2006, Breyer founded Breyer Capital, a global equity investor focused on providing capital to help catalyze high impact social and for-profit entrepreneurs. The fund focuses on emerging markets such as China, Brazil, and India. Breyer continues to manage the fund as CEO. Breyer Capital has participated in a number of investments including Harvard’s Experiment Fund, Brightcove, Marvel Entertainment and Legendary Pictures.

In 2014 Breyer joined the Wickr board of directors, pledging $30 million in funding. Wickr is a messaging app that seeks to provide encrypted and self-destructing messages for users which pledges a strict commitment to user privacy.

In 2005, Breyer helped establish a joint venture between Accel Partners and China-based IDG Capital Partners, a pioneering Chinese investment firm behind Baidu and Tencent. Breyer and Patrick Joseph McGovern, the Founder and CEO of IDG, have served as co-leads on the Accel-IDG joint venture’s strategic investment committee since its inception in 2005. Breyer is active in the Chinese investment community and continues to invest in the country through Breyer Capital and partnerships with IDG. Additionally, he is a member of the Advisory Board of the Tsinghua University School of Economics and Management, Beijing.

In June 2014 IDG Capital announced the closing of IDG China Venture Capital Fund IV, a $586 million tech venture capital fund focused on making early-stage technology, media and telecom (TMT) investments in China. IDG also announced the participation of Breyer Capital and stated Jim will play a leading strategic advisory role in the new fund.

In February 2013, Breyer was elected a fellow of the Harvard Corporation, Harvard University’s senior governing board. He also serves on the Board of the Dean’s Advisors of the Harvard Business School and is a founding member of the Harvard University Global Advisory Council. In December 2005, Breyer was appointed an honorary professor at the Yuelu Academy, Hunan University, China.

He is a member of various World Economic Forum committees, and a member of the Lead Director Network, an organization of directors dedicated to improving the performance of their corporations and earning the trust of their shareholders through more effective board leadership. Additionally, Breyer serves as the Chairman of the Stanford University Engineering Venture Fund and is on the board of the Stanford Technology Ventures Program.
Breyer is currently on the boards of Etsy, Legendary Entertainment, Circle Financial, and 21st Century Fox where he is Chairman of the Compensation Committee and a member of the Nominating Committee. He is also a minority owner of the Boston Celtics.

Breyer has previously held a number of other leadership positions, including: Chairman of the National Venture Capital Association (NVCA); President of the Western Association of Venture Capitalists; Member of the Board of the Associates of the Harvard Business School; Chairman of the Harvard Business School California Research Center; and Chairman of the Silicon Valley region committee for Stanford University’s Campaign for Undergraduate Education.

For three consecutive years, from 2011–13, Forbes has ranked Jim Breyer number one on the Forbes Midas List of Tech’s Top Investors. Breyer received the Silicon Valley Forum’s Visionary Award in 2012. He was also named to the Vanity Fair New Establishment Hall of Fame in 2012.In August, 2010, Fortune named Breyer one of the 10 smartest people in technology, and the smartest investor in technology

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