Kleiner Partners’ View of the Future of Tech
Venture capitalists John Doerr and Ted Schlein of Kleiner Perkins Caufield & Byers have had a front-row seat at Silicon Valley’s recent Web froth and its fallout.
Their venture firm in the past decade made a big bet on clean technology. In the last couple of years, Kleiner has also put money into high-profile and fast-growing digital start-ups, but only after they were valued at $1 billion or more — a far cry from the firm’s traditional strategy of investing very early in young companies.
