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Why Kleiner Perkins Wants To ‘return To Its Roots’ With A $600M Fund

by fortune.com posted 2weeks ago 17 views
The storied venture firm announced it has officially raised $600 million for its 18th flagship fund. The fund will focus on early-stage investing across sectors including consumer, enterprise, hard tech and fintech. “As we deliberated our strategy and studied our history, the answer was clear: we’re going ‘back to the future’ returning to Kleiner’s roots,” reads a Kleiner blog post. Ironically, there isn’t much of the old Kleiner DNA left at at the firm to help it return it to its roots.

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