LinkedIn’s former VP of product joins Greylock as entrepreneur-in-residence

David Hahn, the former VP of product for LinkedIn(s LNKD), will join Greylock Partners as an entrepreneur-in-residence, the VC firm announced Monday. At LinkedIn, Hahn oversaw the company’s monetization products, including Sponsored Updates. According to LinkedIn co-founder and current Greylock partner Reid Hoffman, Hahn’s product portfolio generated $1.5 billion for the company. As an entrepreneur-in-residence, Hahn will advise the leadership teams of the firm’s portfolio companies, which include both social and enterprise startups, on monetization and product.

Etsy acquires French handmade ecommerce company A Little Market

Online marketplace Etsy, which has made its name in selling handmade goods from independent vendors, announced on Monday that it acquired A Little Market — an ecommerce shop based in France that also focuses on handmade goods. The Wall Street Journal reported that the acquisition is the largest from Etsy to date, although the terms of the deal have not been disclosed. The company says that A Little Market will continue to function independently, providing domestic goods in France. The company has been on a bit of a buying spree, as it acquired technology ecommerce company Grand St. in April of this year.

How the cloud reshapes smart business strategy

When the cloud gets better, how do we use it to benefit business strategy? IEEE chair and Gigaom Analyst Joe Weinman believes the answer lies in upgrading the Value Disciplines.