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    Kleiner Perkins still investing in Web, lackeys

    read more: #digitalchocolate, #raylane, #kleinerperkins, #venturecapital, #valleywag

    Ray Lane badmouths Kleiner investment

    Clubby VC partnerships usually invest by consensus. So did Kleiner Perkins's Ray Lane, the former president of Oracle who joined the firm eight years ago, abstain from the company's decision to invest in Digital Chocolate in 2006? I ask only because when the Wall Street Journal chatted Lane up about the software business, he cited cell-phone games, in particular, as code that ought never have been compiled. “You can argue that a lot of these applications should never have existed,” Lane said of "some cell-phone games," according to the Journal


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