The former face of Twitter is taking a new role as strategic adviser at Spark Capital, an early investor in Twitter, firm partner Bijan Sabet revealed Thursday. Essentially, Stone will be their eyes and ears in San Francisco and Silicon Valley.
"In this role, Biz will help us think through and evaluate new investment opportunities," Sabet writes. "Additionally he will provide us with valuable insight about our current portfolio companies as well."
Spark Capital invests in startups at the cross-section of media, entertainment and technology. Its portfolio companies include Foursquare, Boxee, Kik, Stack Exchange, Tumblr and, of course, Twitter.
Stone is also a strategic adviser for social impact at AOL and recently announced that he'll pursuing new startup endeavors with former Twitter executives Evan Williams and Jason Goldman under the umbrella of Obvious Corporation.
We presume that given's Stone's new role, Spark Capital will have a keep-it-in-the-family type of relationship with Obvious, and will likely get early looks at pre-release projects.