Kleiner's John Doerr saves Keplers, despite Amazon
John Doerr, the well-known Silicon Valley venture capitalist, and board member at Amazon, interestingly is listed among those who contributed $25,000 or more to reopen Kepler's Books and Magazines in Menlo Park. Menlo Park is the location of his venture capital firm, Kleiner Perkins Caufield & Byers, and he lives just up the road in Woodside.
It is noteworthy because Kepler's said it went out of business in August because of lost sales to big chains and online merchants like Amazon.com.
(Via Mike at TechDirt, who adds that one doesn't necessarily need to be against the other: "For example, I shop at both Amazon and Kepler's at times. They serve different purposes.")
http://www.siliconbeat.com/cgi-bin/mt331/mt-tb.cgi/786
Links to blogs that reference this entry:
Big Biz vs. Local Digs?
Excerpt: I wonder if this is going to turn out to be bad press for amazon.com… I remember visiting Kepler’s when I was growing up as well as Printer’s Inc. just a few miles away. Sadly, both seem to have been devoured by consumer’s thir...
Tracked: October 14, 2005 11:05 PM
My Keplers browse to buy ratio for magazines is 4,800:1 - guess I'll need to change that going forward.
Chris Zaharias on October 14, 2005 7:39 AMComment link