The Real Value of Kp
Fund: Kleiner, Perkins, Caufield & Byers
Posted by TechChief on 2007-08-23
Let's face it. The real value of KPCB is it is the "Tiffany" brand in venture partnering. You take their money because you will (i) hire better sales and financial people and (ii) have an easier time doing follow on rounds if things go reasonably well and you need more money. Unless they are wildly interested in your sector, or you get Brooke or John on your board, you are not going to get much assistance from them in growing the business. In fact, most times their "ideas" are out of left field and disconnected with reality.
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