Matthew Bannick

Bio

As managing partner, Matt leads all aspects of Omidyar Network’s operations and strategy. He works closely with the co-founders, partners, and board of directors to set the vision and ensure that Omidyar Network achieves its long-term mission: To create opportunity for individuals to improve their lives, and the lives of their family, their community and society, with the objective of social impact at scale.

Matt brings a wide range of executive, international, and multi-sector experience to his leadership of Omidyar Network. From 1999 to 2007, Matt was a member of eBay Inc.’s executive staff and served in a number of senior executive roles. As the general manager and later as president of eBay International, Matt was largely responsible for building eBay’s global footprint and driving phenomenal revenue growth. Under Matt’s leadership, eBay International expanded from five to 25 countries grew from about $20 million in annual revenue to more than $2 billion.  After eBay acquired PayPal in 2002, Matt was selected to be PayPal’s first post-acquisition president. With Matt at the helm, PayPal tripled its revenue in less than two years and established a strong global presence.  

Prior to joining eBay, Matt served for five years as the North American president of NavTeq, the leading provider of digital map databases for vehicle navigation systems and internet and mobile applications.  Prior to joining NavTeq, Matt was a management consultant with McKinsey & Company, both in Europe and North America. Matt also served as a United States diplomat in Germany during the time of the fall of the Berlin Wall and German unification.

Matt currently serves on the boards of Bridge International Academies, d.light design, Endeavor, the GIIN, and Landesa and the advisory boards of the Harvard Business School Social Enterprise Initiative and the Stanford Institute for Innovation in Developing Economies (SEED).  Matt also teaches a course on new business models in emerging markets at the Stanford Graduate School of Business. He earned an MBA with distinction from Harvard Business School and a bachelor’s degree, Phi Beta Kappa, in international studies and economics from the University of Washington.

Teaching

Degree Courses

2017-18

STRAMGT 584: Assessing High Impact Business Models in Emerging Markets

In recent years, we''ve seen an explosion of innovative business models blazing new trails in emerging markets. Many of these models are achieving commercial success while transforming the lives of low-income populations. Using nine cases of both...

2016-17

STRAMGT 584: Assessing High Impact Business Models in Emerging Markets

In recent years, we''ve seen an explosion of innovative business models blazing new trails in emerging markets. Many of these models are achieving commercial success while transforming the lives of low-income populations. Using nine cases of both...