Greylock Partners’ general partner John Lilly has returned to his former role as a venture partner after eight years.
Lily will stick to working with Greylock’s existing portfolio companies as an active board member, he said in a blog post. He will no longer be on the look-out for new investment opportunities.
The companies include Caffeine, Figma, Crew and Angle as well as an additional company as yet unannounced. Lily also sits on the boards for Code for America and VotingWorks.
“My time as a GP at Greylock has been challenging and rewarding and fun and interesting and above all a great privilege,” said Lily. “And while the work that I really love doing will continue, I want to take a second to note that I’m grateful to my partners here, and to the entrepreneurs I’ve gotten to work with along the way.”
Greylock, which has previously backed tech giants including LinkedIn, Facebook, and Airbnb, raised $1bn for its 15th early-stage fund three years ago.
The fund brought Greylock’s assets under management to $3.5bn and came three years after the firm raised a similar amount for its predecessor vehicle.
In May last year, the early-stage investor promoted Sarah Guo as a general partner focused on B2B apps, infrastructure, online security and digital health.
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