Ray Lane badmouths Kleiner investment

Owen Thomas — Thu, 21 Aug 2008 16:20:00 EDT

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

Kleiner Perkins still investing in Web, lackeys

Nicholas Carlson — Fri, 09 Nov 2007 15:32:00 EST

Kleiner Perkins partner Randy Komisar freaked you out a little when he said the firm was done with Web 2.0, didn't he? ""We have absolutely no interest in funding Web 2.0 companies," he told Silicon Valley Watcher. Well, don't worry. Kleiner Perkins, which backed Amazon.com, Google, AOL, and, um, Friendster, remains in the game.

KP is hiring a new partner to invest in "consumer Internet" companies, VentureBeat reports. A leaked job description (Word) indicates the firm is very much still interested in the Web. The new hire will focus "wireless, network and IT infrastructure and consumer Internet activities." But the job isn't for everybody.

"The successful candidate," reads the job description, "will likely spend substantial time with Ted Schlein, Ray Lane and Matt Murphy." To stand that trio, it's no wonder the new hire will need to be "humble," possess a "sense of humor," and — crowdsource my coffee now, pledge!

(Photo by tracy the astonishing)

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Ray Lane badmouths Kleiner investment

Kleiner Perkins still investing in Web, lackeys