The latest chapter of Silicon Valley icon Kleiner Perkins’ fall from grace is a tale of succession and leadership struggles
|04/23/2019||Posted by BusinessMediaguide.Com under General World News||
- In a report out Tuesday, Fortune’s Polina Marinova chronicled the downfall of Kleiner Perkins Caufield Byers, once a giant-maker of Silicon Valley internet startups.
- The report details how the firm missed early investments in Facebook, Slack, and Robinhood, and was distracted with unprofitable bets on clean energy.
- Fortune also reported that longtime firm leader John Doerr, 67, overlooked star growth fund leader Mary Meeker when considering his replacement, instead opting for Mamoon Hamid from Social Capital.
- Meeker left Kleiner Perkins in September 2018 to start her own growth firm, Bond.
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