Matrix Partners, the Palo Alto, Calif.-based venture firm, has brought aboard a new general partner. Jared Fliesler joins the firm from the privately held payments company Square, where he served as VP of user acquisition and business operations. Prior to Square, Fliesler was an executive with Slide and is credited with helping to negotiate the company’s $200 million sale to Google in 2010.
Matrix Partners, a premier venture capital firm with a 30-year history, today announced that Jared Fliesler has joined Matrix as a general partner. He will be based in the firm’s Silicon Valley office. Fliesler comes to Matrix from Square, where he served as Vice President of User Acquisition and Business Operations. Prior to Square he held senior positions at Google and Slide.
“Jared thrives on resolving complex issues unique to emerging tech companies. He’s an expert at helping small teams scale, navigating through product changes and implementing creative marketing techniques,” said Dana Stalder, Matrix general partner. “And it is his ability to cultivate strong relationships with founders that makes him such a strong fit for Matrix and an asset to our portfolio companies.”
Fliesler, 28, comes to Matrix after helping grow Square’s payment processing business from $2 billion annualized to more than $10 billion and the number of activated accounts from 800,000 to more than 3 million. Under his leadership, Fliesler’s teams scaled retail availability from a few hundred locations to nearly 40,000, optimized risk metrics to the best in the company’s history, and successfully executed on a number of key partnerships.
Prior to Square, Fliesler was an early employee at Slide, where he focused on growing both its footprint and revenue. After Google’s acquisition of Slide in 2010, Fliesler went on to run product and operations for the Slide group within Google. There he was responsible for crafting the product strategy with a focus on mobile and social products, ultimately leading to the successful launch of PhotoVine.
“Only an incredible opportunity could get me to leave Square, and that’s what I found at Matrix,” said Fliesler. “I want to have the biggest possible impact and I can do that best by working closely with entrepreneurs to solve their most pressing problems at the whiteboard. Matrix not only values but expects this type of active partnership; it’s not a firm that simply writes a check and walks away.”
At Matrix, Fliesler will focus primarily on early-stage companies across a broad number of areas. He will also assist companies across the portfolio with their growth and product strategies.
To learn more please read the Matrix blog post here.
About Matrix Partners:
Matrix Partners is a premier venture capital firm that has generated outstanding returns for more than three decades. By focusing on early-stage investments and emphasizing long-term relationships with entrepreneurs, the firm has delivered several of the industry’s top performing funds of all time. Matrix Partners has offices in Cambridge and Waltham, MA; New York, NY; Palo Alto, CA; Mumbai, India; and Beijing and Shanghai, China. Matrix Partners has invested in several game-changing, industry-leading businesses such as Apple Computer, Aruba, HubSpot, JBoss, Netezza, Phone.com, Polyvore, Starent Networks, Tivoli Systems, Veritas, Zendesk, and Zong.