John Lilly steps back from GP role at Greylock, the third high-profile departure in a year, and says he'll remain on the boards of portfolio companies (Theodore Schleifer/Recode)

Theodore Schleifer / Recode:
John Lilly steps back from GP role at Greylock, the third high-profile departure in a year, and says he'll remain on the boards of portfolio companies  —  It's the third high-profile change at Greylock within the last year.  —  Yet another investor is stepping down at Greylock Partners …

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