Six partners of the famed Silicon Valley venture capital firm object to the characterization that its fortunes have faded. : Your readers might be forgiven for thinking that Kleiner Perkins is in dire straits today based on the headline of Polina Marinova’s article, “How the Kleiner Perkins Empire Fell” (April 23, 2019). The reality is that the new team is firing on all cylinders having just raised KP 18—a $600 million early stage fund that was 200% oversubscribed—and is investing in some of the most sought-after early stage companies.