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Mediocrity to the Rescue

Fund: Kleiner, Perkins, Caufield & Byers

Posted by Anonymous on 2008-10-05

PUBLIC:

"Capitalism to the Rescue" is a great puff piece in the Times about a firm that is no longer impressive. Maybe the original team was different, but the partners at Kleiner today are weak in comparison to most other top firms that we pitched in the valley. The team was not prepared. The questions were off the mark. The meeting drifted. Their market knowledge was mediocre. I can understand being off your game every once and a while, but our Kleiner experience did not measure up to the other "name brand" funds.

http://www.nytimes.com/2008/10/05...

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