Groupon’s former NYC boss joins Iconiq Capital

Sep 16, 2013

FORTUNE -- Matthew Jacobson has stepped down as a vice president with Battery Ventures, which he had joined just over one year ago after having served as CEO of Groupon's (grpn) New York operations.

His next job appears to be with Iconiq Capital, a multi-family office that has participated on investment rounds for such private companies as SurveyMonkey, BlackLine Systems and Flipkart.

In an out-of-office email reply, Jacobson wrote: "I remain an enthusiastic supporter of Battery and hope to work with the team here for years to come."

He began his career as an investment banker at Lehman Brothers, before leaving for Technology Crossover Ventures in July 2008. His deals at TCV included Groupon, which he would join in early 2011.

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