Ruthless Ray
Fund: Kleiner, Perkins, Caufield & Byers
Posted by Anonymous 1 day ago
Ray brings new meaning to the terms "no holds barred" and "all is fair in love and war." This guy will do anything to win, literally anything. Forget about ethics: he'll slander people in the media, steal intellectual property, take meetings under false pretenses, yank term sheets, invest in competing companies, etc. It may be a game to him, but real people get hurt with this type of behavior and industries face setbacks.
If that were not enough, some limited partners have whispered that his investments at KP have returned zero.
To be within this Ray's sphere of influence in business as either a friend or a foe is dangerous. If you get a meeting at KP and Ruthless Ray shows up, I would recommend that you walk out. You don't need the headache, and entrepreneurs should not support destructive behavior in any investor.
PRIVATE: Members OnlyMediocrity To The Rescue
Fund: Kleiner, Perkins, Caufield & Byers
Posted by Anonymous on 2008-10-05
"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.
PRIVATE: Members OnlyRemember This Analogy When Pitching To A "Jr." Partner
Fund: Kleiner, Perkins, Caufield & Byers
Posted by ANON on 2008-06-15
Jr Partners are elephant hunters in a dense jungle with a bazooka with only one bullet. Something in the bushes makes a loud sound, the hunter swings around, aims and almost fires. But it's not an elephant, it's a wild turkey. Whew...
All entrepreneurs want to pitch to John Doerr, but it just ain't going to happen. You'll be delegated to an Ellen Pao or a Trae Vassallo or someone of the same junior status. That's the card you're dealt with, so stop bitching and start sharpening up your plan. These VCs are highly political organizations, complete with rank and hierarchy. They don't advertise it and they might even deny it (note: everyone is a Partner - how egalitarian of them), but it's there and it's thick. If you're a Jr. Partner, you want to bag an elephant. You better be damn honest with yourself about your plan and team. If it's not an elephant, it might as well be a turkey because you can be sure that the Juniors are not going to waste their one bullet on you. That's the only way they get respect, tenure, authority.
I've been the elephant and the turkey with Kleiner. Heed this advice.
PRIVATE: Members OnlyOpen Source Your Confidential Information
Fund: Kleiner, Perkins, Caufield & Byers
Posted by Anonymous on 2008-05-05
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PRIVATE: Members Only (610 Characters)Ifund Response
Fund: Kleiner, Perkins, Caufield & Byers
Posted by anonymous on 2008-04-10
Did anybody apply to KP iFund initiative.
If so how long it took from them to respond or anybody called into pitch. Please share your stories....
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Pitched Matt Murphy Tough, Though Fair
Fund: Kleiner, Perkins, Caufield & Byers
Posted by Anonymous on 2008-04-05
We pitched our company to Matt. Ultimately it wasn't a fit for a variety of reasons, though we learned some things in the process -- so worth our while. Throughout the process Matt was responsive, respectful, professional and asked good questions. If you are an IT company pitching KP -- he's a good resource.
PRIVATE: Members OnlyKleiner Perkins Team
Fund: Kleiner, Perkins, Caufield & Byers
Posted by Anonymous on 2007-12-16
Reading these posts, it appears as if it depends on which partner sponsors the deal.
PRIVATE: Members Only (218 Characters)The Real Value Of Kp
Fund: Kleiner, Perkins, Caufield & Byers
Posted by TechChief on 2007-08-23
Let's face it. The real value of KPCB is it is the "Tiffany" brand in venture partnering. You take their money because you will (i) hire better sales and financial people and (ii) have an easier time doing follow on rounds if things go reasonably well and you need more money. Unless they are wildly interested in your sector, or you get Brooke or John on your board, you are not going to get much assistance from them in growing the business. In fact, most times their "ideas" are out of left field and disconnected with reality.
PRIVATE: Members OnlyDon'T Do Show N Tells
Fund: Kleiner, Perkins, Caufield & Byers
Posted by Anonymous on 2007-05-13
If asked to send your slides in without a meeting -- refuse. Make it very clear that the ONLY reason for a meeting is to invest in your deal "as is." Don't do show-n-tells; often KP meets with people with no intention of investing -- it's called market research and their famous for it. That said, they're one of the best firms in the world due in part to their deal flow (i.e., you sending them your stuff). Like Sequoia they are (in reality) VERY CONSERVATIVE, like commercial bank lenders. Once your deal is close to being a "sure thing" post-Beta, get a meeting with a senior partner.
PRIVATE: Members Only (68 Characters)Great Performance In The Past. Hope They Keep It Up.
Fund: Kleiner, Perkins, Caufield & Byers
Posted by Anonymous on 2007-03-21
They have been one of the best for a long time. I hope they don't rest on their laurels and can cotinue to inspire entrepreneurs to build great products and companies.
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