For five decades we have partnered with intrepid founders to build iconic companies that made history. Today, Kleiner Perkins continues that legacy, investing in founders with bold ideas that span industries and continents, partnering with them from inception to IPO and beyond to maximize the potential of their ideas and make history.
In the 1970s, venture capital as we know it today was an untested source of capital to entrepreneurs and an unproven vehicle for returns to institutional investors. Tom Perkins and Eugene Kleiner had a vision of building a venture fund that would invest capital and resources in the best entrepreneurs with bold ideas. Five decades later, it is a model of venture investing that is still flourishing at Kleiner Perkins. Kleiner Perkins and KPCB I.
In the last few years the venture landscape has been transformed by an abundance of capital, higher valuations, an ever increasing number of start-ups and a growing number of investors. In this environment, focus became critically important and in 2017 Kleiner Perkins initiated a restructuring process to return to its roots as a venture boutique focused on early stage companies. In early 2019, we successfully raised KP 18. With a new investing team of dedicated practitioners offering diverse and complementary backgrounds that span technology, operating, and investing, we will chart the next chapter of our history investing in brilliant entrepreneurs and bold ideas destined to make history. KPCB XVII, KPCB XVIII and DGF 3.