Anoldsurvey1984(风险投资创新与金融的结合,刘曼红).ppt

Anoldsurvey1984(风险投资创新与金融的结合,刘曼红)
KPCB - why famous
strategies are easy, it's execution is everything. The firm reportant off-balance-sheet weapon.”
KP have taken venture capital to the next level by building extensive bridges to other companies through alliances and joint ventures.
"the Kleiner keiretsu," after the Japanese system of extensive cross-ownership within a family of companies, encourages its companies to work with one another whenever possible
Louis John Doerr, III-5
cannot build a great company nor make a great investment by cutting a tough deal with an entrepreneur, need to be ruthlessly honest about the risks and focus on removing those risks.”
Doerr hardwires his network by placing Kleiner CEOs on the boards of other com of the keiretsu.
Netscape Jim Clark personally putting up $3MM & pricing his concept at another $3 MM, with a multiple of three times, value the start-up at $18 MM.
Mayfield not respond, and NEA only offer a multiple of two. But Doerr in Jan. 1994,was intrigued by Andreessen, invested $5mm, later became $600mm
Louis John Doerr, III-6
Tom Perkins wanted a no-bullshit atmosphere, where people rolled up their sleeves &got something done
"In the 1980s PC hardware and software grew into a $100 billion industry," says Doerr. "The Internet could be three times bigger." Kleiner Perkins now has stakes in more than a dozen pure-play Internet companies, including: Com21, Concentric Network Corp., Diamond Lane Communications, Excite, ***@Home, Healthscape, Individual, OnLive! Technologies, Netscape, Precept Software, SportsLine USA, Total Entertainment Network and VeriSign.
Louis John Doerr, III-7
10/2/1969,UC gave birth to a beautiful, bouncing baby network--the first electronic communication passed from the university's Berkeley campus to its LA campus, marking the beginning of an E-mail system, the foundation for the modern Internet.
joined Intel in 1975 as an engineer-UCLA decided to make hiim a member of its "birthday