Nick Beim Jumps from Matrix Partners to Venrock
Boston-based venture capital firm Matrix Partners has lost its New York-based partner. Star investor Nick Beim, who had been with Matrix for 12 years and in New York for the firm since 2010, has joined Manhattan-based Venrock.
A Venrock spokesperson says the firm is not commenting on Beim’s switch. But according to Beim’s Linkedin page, he joined Venrock this month. Venrock’s website says Beim will continue to focus primarily on Internet, mobile, SaaS, adtech, and big data investments, just as he did at Matrix.
His Venrock bio says Beim “has a particular affinity for viral consumer services, online marketplaces, online collaboration networks, new forms of performance-based marketing and low-friction SaaS companies.”
At Matrix, Beim led the initial investments in several well-known Internet companies including Gilt Groupe, Care.com, Intent Media, and TheLadders.com.
Venrock also cites Beim’s active angel investing, indicating that will continue. Beim’s angel portfolio includes mobile marketing startup Fiksu, TripAdvisor-owned vacation rental site FlipKey, and Vietnamese recruiting portal Navigos Group.