|Born||James W. Breyer
New Haven, Connecticut
|Education||Stanford University (BS)
Harvard University (MBA)
|Net worth||$1.5 billion (September 2013)|
|Spouse(s)||Susan Zaroff Breyer (2004 Divorced)|
John P. Breyer
|Profile at Accel Partners|
James W. "Jim" Breyer (born 1961) 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.
Early life and education
Breyer was born in 1961 in New Haven, Connecticut, the son of Hungarian immigrants. His father, John P. Breyer, was an engineer and executive at International Data Group; his mother Eva was a technology executive at Honeywell. 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 Computer. After college, he accepted a job as a management consultant for McKinsey & Co. in New York for two years. In 1987, he earned an MBA from Harvard University where he was named a Baker Scholar graduating in the top 5% of his class.
Accel Partners and Breyer Capital
In 1987, the year of the stock market crash, 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 a 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.
Investment in China
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 School of Engineering and Management, Beijing.
Professional Associations and Memberships
Breyer was on the Board of Directors of Facebook from April, 2005 to June, 2013 where he was a Chairman of the Compensation Committee.
He also served on the board of Wal-Mart Stores, Inc, as the Lead/Presiding Independent Director, and Chairman of the Strategic Planning Committee, on the Board of Marvel Entertainment until their acquisition by Disney, where he was the founding Chairman of the Strategic Planning and Finance Committee and on the board of Dell Inc.. In December 2005, Breyer was appointed an honorary professor at the Yuelu Academy, Hunan University, China. Breyer is also the chief executive officer of Breyer Capital, a venture capital and investment firm.
Breyer is the former chairman of the National Venture Capital Association (NVCA), a former president of the Western Association of Venture Capitalists, and on the Board of the Associates of the Harvard Business School, Pacific Community Ventures, Stanford Technology Ventures Program, Technet, and a trustee of the San Francisco Museum of Modern Art (SFMOMA), The Menlo School,[non-primary source needed] and is a member of Council on Foreign Relations (CFR). He is a minority owner of the Boston Celtics. Breyer is chairman of the Stanford Engineering Venture Fund, former chairman of the Harvard Business School California Research Center, and is the former chairman of the Silicon Valley region committee for Stanford University's Campaign for Undergraduate Education. He is also a member of various World Economic Forum committees, and a member of the Lead Director Network.
In April 2011, May 2012  and 2013  the Forbes Midas List of investors ranked Jim Breyer number one, and in August, 2010, Fortune Magazine named Breyer one of the 10 smartest people in technology, and the smartest investor in technology.
On September 2, 2011, it was announced that Breyer had been nominated to serve on the board of News Corporation. In October 2011, he was elected to News Corporation's board with over 98% of the shareholder vote.
- Forbes: The World's Billionaires - Jim Breyer September 2013
- "Smartest investor: Jim Breyer". CNNMoney. July 9, 2010.
- Ari Levy (January 18, 2012). "Accel Facebook Bet Poised to Become Biggest Venture Profit: Tech". Bloomberg.
- "Brightcove PLAY 2012 to Feature Special Keynote Conversation with Jim Breyer, Erick Schonfeld & Jeremy Allaire". Reuters. May 22, 2012.
- Harvard Business School: "Done Deals: Venture Capitalists Tell Their Story: Featured HBS Alum Breyer" Excerpted from the book Done Deals, edited by Udayan Gupta December 4, 2000
- Thompson, Roger (March 2008). "One-on-One with Jim Breyer". Harvard School of Business Alumni Bulletin.
- Businessweek: "John P. Breyer - Chairman, IDG Capital Partners retrieved October 24, 2013
- "Breyer elected to Harvard Corporation". Harvard Gazette. February 4, 2013.
- Nicole Perlroth (April 6, 2011). "The Comeback Kid". Forbes.
- San Francisco business Times: "Accel's Jim Breyer joins Harvard Corp" by Patrick Hoge February 4, 2013
- David Goldman (February 2, 2012). "Zuckerberg's Facebook stake is worth at least $16 billion". CNNMoney.
- George Anders and Steven Lipin (February 23, 2000). "KKR, Accel Team Up To Pursue Web Deals". The Wall Street Journal.
- "Accel's Jim Breyer scores twice within 24 hours: BBN and Marvel". Venture Beat. September 1, 2009.
- Erick Schonfeld (January 30, 2008). "Etsy Raises $27 Million; Accel's Jim Breyer Joins Board". TechCrunch.
- Tomio Geron (June 27, 2013). "Payments Startup Clinkle Raises $25 Million Seed Round". Forbes.
- Catherine Shu (October 31, 2013). "Circle Raises $9M Series A From Accel And General Catalyst To Make Bitcoins Mainstream". TechCrunch.
- "Midas List 2013: The Billionaires". Forbes. Retrieved March 7, 2014.
- "Jim Breyer (via Accel Partners)". CNBC. May 22, 2012.
- Lora Kolodny (March 26, 2013). "Kleiner Perkins Backs University Accelerator At USC". Dow Jones.
- Connie Loizos (June 26, 2012). "Jim Breyer Goes Public with Breyer Capital: Updated". peHUB Reuters.
- "Jim Breyer Scores Big With Disney’s Marvel Acquisition". peHUB Reuters. August 31, 2009.
- Alex Ben Block (April 4, 2012). "Legendary Closes $275 Million Financing Deal". Hollywood Reporter.
- Sarah Lacy (April 1, 2011). "Accel and IDG Double Down on China Partnership, Raise $1.3B in Seven Weeks". TechCrunch.
- Matt Marshall (July 19, 2005). "Silicon Valley's Accel Partners takes on China". San Jose Mercury News.
- Evelyn M. Rusli (April 1, 2011). "Accel Raises $1.3 Billion in Funds for China". The New York Times.
- "Advisory Board". Tsinghua University. Retrieved March 11, 2013.
- "Facebook Investor Relations".
- "Walmart Board of Directors (2009)".
- "Officers and Directors of Marvel Entertainment".
- Dell's Extreme Makeover Business Week October 15, 2009
- Jim Breyer joins Dell board Venture Beat
- "SFMOMA’S Trustee List".
- "Menlo School Board of Trustees".
- "Council of Foreign Relations Membership Roster".
- Lattman, Peter (May 31, 2008). "Boston Celtics Investor List, Wall Street Journal". The Wall Street Journal.
- "Stanford Engineering Venture Fund, Jim Breyer Chairman".
- "The Midas List, 2012 Top Tech Investors". Forbes. May 6, 2012.
- "The Top Ten In Venture Capital Today - Midas List". Forbes. May 8, 2013.
- "The Midas List, 2011 Top Tech Investors". Forbes. April 6, 2011.
- "The smartest people in tech, Smartest investor: Jim Breyer". CNN. July 9, 2010.
- Rusli, Evelyn M. (September 2, 2011). "Accel's Breyer to Join News Corp. Board, as 2 Depart". DealBook. Retrieved September 6, 2011.
- Chozick, Amy; de la Merced, Michael J. (October 24, 2011). "Murdoch’s Sons Rebuked by News Corp. Shareholders". The New York Times. Retrieved November 2, 2011.
- "Breyer elected to Harvard Corporation". Harvard Gazette. Feb 4, 2013.
- "Our supporters". FWD.us. Retrieved 2013-04-17.
- Susan Breyer website retrieved October 24, 2013
- Forbes: "The Comeback Kid" by Nicole Perlroth April 6, 2011
- Jim Breyer's profile, Accel Partners online
- Business Week profile, Business Week online
- Chicago Business profile Chicago Business