Sublime

Eugene Kleiner, moreover, a founding partner at the premier venture capital firm Kleiner Perkins, was originally hired by Bill Shockley at his ill-fated semiconductor company. But the Silicon Valley process that Kleiner helped develop was a different innovation model from Bell Labs. It was not a factory of ideas; it was a geography of ideas. It was

The biggest secret in venture capital is that the best investment in a successful fund equals or outperforms the entire rest of the fund combined.

But it was Geoff's introduction to Vinod Khosla, who ultimately funded the company along with Geoff, that really made the difference. Vinod interrupted the demo and said, "Can your technology scale? Can it search a big database?" And we said, "That's an interesting question. Nobody's asked us before." We liked the fact that he d

You should plan to put $1.5 million to work in these fifty deals, which is $30,000 per startup on average. However, you’re probably going to want to put $1 million into the first forty-five deals and an extra $100,000 into each of your top five winners. This gives you a chance to get a five-times return on the winners, any one of which might go to