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April 21, 2010 at 2:34 PM

MySpace to maintain Seattle office, post-Partovi

MySpace has no plans to cut its 70-person Seattle engineering office following the departure of Hadi Partovi, its Seattle-based senior vice president of technology.

A MySpace spokeswoman said today that the Los Angeles company is “committed to the Seattle office,” where several engineering leads remain.

Partovi and his brother, Ali Partovi, are both leaving MySpace on Friday, though San Francisco-based Ali will continue consulting with the company. They both joined in September 2009, after MySpace acquired their social music startup iLike. Word of their departure first surfaced on the TechCrunch and BoomTown blogs.

The iLike sale was reportedly for around $20 million, including $6 million to $8 million in retention payouts that will apparently be partly sacrificed by leaving midway through the first year.

Another iLike co-founder, Nat Brown, is staying with MySpace as vice president of technology in Seattle working on mobile products.

Hadi Partovi, a former general manager of Microsoft’s MSN.com, will remain active in the tech business in Seattle and beyond.

According to a statement released by MySpace, he plans to continue advising and investing in startups, including Seattle’s BlueKai. He’s also interested in working with education ventures (perhaps DreamBox Learning?).

The statement said Partovi “is leaving to pursue other opportunities. In addition to continuing his work as an advisor and angel investor to various startups, he will be following his passion for education by working directly with technology focused non-profits. Hadi leaves as a valued friend to the company, and we wish him the best of luck in his future endeavors. Ali Partovi will be stepping down as SVP of Business Development, but will continue working with MySpace as a strategic advisor working on special projects. He will also be taking time to invest in and advise startups.”

Perhaps Partovi should start an investment fund.

Before starting iLike, he co-founded Tellme Networks, a telecom company sold to Microsoft for $800 million in 2007.

Along the way, he was an early investor or adviser in a series of home runs, including Facebook, Zappos (which was bought by Amazon.com), LinkExchange (bought by Microsoft), IronPort (Cisco), XL2Web (Google) and Edusoft (Houghton Mifflin).

Companies he’s now involved with, in addition to BlueKai, include San Francisco’s DropBox and OPower, a Washington, D.C.-based energy software company.

Comments | Topics: facebook, iLike, Microsoft

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