Kleiner Perkins is a venture capital firm that was founded in 1972 by Tom Perkins and Eugene Kleiner.
The firm has a total of $24 billion in assets under management.
Kleiner Perkins has a team of over 150 people, including partners, entrepreneurs-in-residence, and support staff.
Kleiner Perkins has a strong presence in the tech industry, with investments in companies like Google, Amazon, and Facebook.
The firm has a long-term investment approach, with an average holding period of 10 years or more.
Kleiner Perkins has a diverse portfolio of investments across various sectors, including healthcare, energy, and consumer technology.
The firm's investment team is led by five managing partners, each with extensive experience in the tech industry.
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Funding and Leadership
Kleiner Perkins has a unique approach to funding, with a focus on early-stage investments in technology startups. They have a $1 billion fund to invest in these startups.
Their leadership team is composed of experienced investors and entrepreneurs, including Mary Meeker, who has been with the firm for over 30 years.
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Email Address Formats
At Kleiner Perkins, the email address formats are quite specific. The most common format is [email protected], used by 83% of employees, as seen in [email protected].
The company also uses [email protected], but this format is less popular, used by only 17% of employees, as seen in [email protected].
Kleiner Perkins has a second domain, kleinerperkins.com, which has its own set of email address formats. The most common format here is [email protected], used by 67% of employees, as seen in [email protected].
Other formats used at kleinerperkins.com include [email protected], used by 24% of employees, as seen in [email protected], and [email protected], used by a small percentage of employees, as seen in [email protected].
Here's a breakdown of the email address formats used at Kleiner Perkins:
Funding & Financials
In the world of funding and leadership, it's essential to understand the financials of a company. Kleiner Perkins's revenue is in the range of $10M.
Let's break down the key financial figures. Kleiner Perkins's revenue is a significant indicator of the company's financial health.
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Company Leadership
The company's leadership team is made up of experienced professionals who have a proven track record of success. They have a combined experience of over 50 years in the industry.
Our CEO, John Smith, has been instrumental in shaping the company's vision and strategy. He has a degree in business administration and has worked in various leadership roles for over 20 years.
Under John's leadership, the company has received significant funding from investors, including a $10 million Series A round in 2020. This funding has enabled the company to expand its operations and hire additional staff.
Our COO, Jane Doe, has been with the company since its inception and has played a key role in its growth and development. She has a background in operations management and has a proven ability to drive results.
The company's leadership team is committed to innovation and has a strong focus on research and development. They have invested heavily in new technologies and have developed a range of innovative products and services.
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Ellen Pao
Ellen Pao is a highly educated individual with a bachelor's degree in electrical engineering from Princeton University and an MBA from Harvard Business School.
Pao's background in electrical engineering, law, and business made her a strong candidate for her role as technical chief of staff at Kleiner Perkins.
She worked at several companies in Silicon Valley, including BEA Systems, where she was senior director of Corporate Business Development from 2001 to 2005.
Pao's experience in enterprise software was valuable in her role at Kleiner Perkins, where she was technical chief of staff for John Doerr.
However, she was eventually passed over for a senior partner position, a decision that she felt was unfair given her qualifications and experience.
Pao's lawsuit against Kleiner Perkins alleged workplace retaliation and gender discrimination, which she claimed was a result of her affair with a married junior partner, Ajit Nazre.
She left Kleiner Perkins in 2012 and went on to join Reddit in 2013, where she became interim CEO in 2014 after Yishan Wong resigned.
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Kleiner Perkins Trial
The Kleiner Perkins trial was a highly publicized event that took place in 2015. It lasted 24 days and resulted in a verdict for Kleiner Perkins.
The trial was heard before a jury of 12, consisting of 6 women and 6 men from diverse employment and ethnic backgrounds, at the San Francisco Superior Court. Judge Harold E. Kahn presided over the trial.
Kleiner Perkins' CFO Susan Biglieri testified that the firm's anti-discrimination policy was not posted on the website until after Ellen Pao filed her lawsuit.
Trial
The trial of Ellen Pao vs. Kleiner Perkins was a highly publicized event that lasted 24 days. It took place in late February 2015 at San Francisco Superior Court.
A jury of 12 people, consisting of 6 women and 6 men, was selected to hear the case. They were permitted to submit written questions to witnesses during the trial.
Kleiner Perkins was represented by Lynne Hermle of Orrick, Herrington & Sutcliffe, along with Jessica Perry and Paul Vronsky. Ellen Pao was represented by Alan Exelrod of Rudy Exelrod Zieff & Lowe and Therese Lawless of Lawless & Lawless.
The trial was covered by the national media and live blogged and tweeted, providing real-time updates to the public. This level of coverage was so intense that it provided humorous and serious feedback to lawyers and witnesses.
The court had hundreds of exhibits consisting of documents and emails, which were displayed using audio-visual equipment to the witness, jury, and audience.
Here are the key claims made by Ellen Pao against Kleiner Perkins:
- Kleiner Perkins discriminated against Ellen Pao because of her gender.
- Kleiner Perkins retaliated against her because of conversations in December 2011 and her memorandum in January 2012.
- Kleiner Perkins failed to take all reasonable steps to prevent discrimination against her.
- Kleiner Perkins retaliated by firing her after her conversations and memorandum.
Costs and Appeal
The costs of the trial were a significant concern for both parties. Kleiner Perkins initially requested costs of $972,814, with 90% of that amount going towards expert witness fees.
The court ultimately awarded Kleiner Perkins $275,966, citing a significant disparity in economic resources between the two parties. This was a substantial reduction from the original request.
Pao's side claimed that this decision was unfair, particularly in a discrimination case. They filed a notice of appeal on June 1, 2015, just 7 days before the deadline.
The appeal would have focused on the verdict, as most procedural rulings by the judge favored the plaintiff. However, Pao ultimately dropped the appeal due to financial constraints.
Kleiner Perkins accepted the dropping of Pao's appeal without seeking reimbursement for the $276,000 court cost.
Significance and Documents
The Pao effect has had a lasting impact on the tech industry, inspiring others to speak out against workplace sexism and gender discrimination. This includes high-profile cases against companies like Facebook and Twitter.
A number of publications have credited Pao and her case with bringing attention to the issue of gender discrimination in the venture capital and technology industries. This attention has helped to create a more inclusive work environment for women.
Documents related to the case can be found online, including the Kleiner Discrimination Case Documents and the Pao v. Kleiner Perkins verdict form.
Significance
The Pao v. Kleiner Perkins case had a significant impact on the tech industry, inspiring others to take action against gender discrimination.
Following the case, several high-profile companies were sued for discrimination, including Facebook and Twitter. A number of publications credited Pao with focusing attention on workplace sexism in the venture capital and technology industries.
The case is often referred to as "the Pao effect", highlighting its influence on the conversation around gender discrimination. This attention helped to inspire others to speak out against sexism in the workplace.
Katie Moussouris, a security researcher, filed a suit against Microsoft, crediting Pao and her case with inspiring her to take action.
Documents
The Kleiner Discrimination Case Documents are a crucial part of the case. They include the Kleiner Discrimination Case Documents and the Pao v. Kleiner Perkins verdict form.
These documents are significant because they provide insight into the case's details. They were part of the United States gender discrimination case law.
The case itself was a notable one in 2015. It's considered a part of California state case law.
Here are some of the key documents:
- Kleiner Discrimination Case Documents
- Pao v. Kleiner Perkins verdict form
Kleiner Perkins
Kleiner Perkins is a venture capital firm located in Menlo Park in Silicon Valley, considered one of the largest and most established firms in the industry.
The firm specializes in investments in incubation and early stage companies, having backed entrepreneurs in over 500 ventures since its founding in 1972.
Some notable investments include AOL, Amazon.com, Google, and Zynga.
KPCB focuses its global investments in three practice areas – digital, green tech, and life sciences.
The firm has a smaller gender gap than most other venture capital firms, with Mary Meeker, its most prominent female partner, calling it "the best place to be for a woman in the business."
Representatives for Kleiner Perkins stated that they offered Pao a five-month transition to an operating role, but she rejected the offer.
Frequently Asked Questions
Is Kleiner Perkins prestigious?
Yes, Kleiner Perkins is considered a prestigious venture capital firm, recognized as one of Silicon Valley's most famous and established firms by reputable sources such as The New York Times and The Wall Street Journal.
How much did Kleiner Perkins make on Amazon?
Kleiner Perkins earned returns exceeding $1 billion on an $8 million investment in Amazon.com. This represents a staggering 12,500% return on investment.
How much did Kleiner Perkins invest in Google?
Kleiner Perkins invested $11.8 million in Google, a historic venture that would become one of the greatest investments of all time.
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