Netflix’s former CFO Barry McCarthy has a new gig.He’s going to be a partner at venture capital firm, Technology Crossover Ventures.
TCV was an investor in Netflix once upon a time, and it participated in Groupon’s recent $1 billion raise.
rumours had been kicking up today that McCarthy was joining Coinstar to run a streaming operation. Obviously that’s not happening.
He told us over email, “I remain a large NFLX shareholder and company supporter.”
He explained his new job: “Think of it as an EIR role. Rob Solomon had the same role at TCV before taking the President/COO role at Groupon. I get to play in traffic looking for my next operating role. TCV gets the benefit of my operating experience in working with existing investments and in looking at new deals.”