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.
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