Wednesday, April 1, 2015

Valley investors: Kleiner Perkins has a bigger problem than Ellen Pao

Kleiner Perkins may have walked away with a victory in the Ellen Pao trial, but there's a bigger issue lingering over the firm, according to a number of investors we spoke with. What happens when the firm's best-known partner, John Doerr, retires? It's worth noting that the VC industry is fiercely competitive, and it's easy for investors to badmouth each other anonymously. But all the people we talked to pointed to the same problem: Kleiner has so far not found a clear leader to succeed Doerr,...-> read more

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