Kleiner Perkins changes continued
Om writes that there's been changes at Silicon Valley's leading venture capital firm, Kleiner Perkins Caufield & Byers. He says partners Kevin Compton and Doug Mackenzie "are leaving the nest and setting up their own firm, Radar Partners."
We just reached Compton, and he gave us the sense that the changes are gradual. Radar has been "around for 15 years," he said. Compton and MacKenzie run it "on the side," and it is for non-technology investments, he said. It is funded entirely with their own money, he added, and there are no plans to raise a fund from outside investors. They have stepped down from making new investments for Kleiner, as reported earlier, but even then they've both made a couple investments "alongside" Kleiner recently, he said. It is true, however, that Radar has made an investment in tech company, Yodel.
http://www.siliconbeat.com/cgi-bin/mt/mt-tb.cgi/611
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