TLDR:
– Former Kleiner Perkins veterans have received a commitment of $300 million from LPs.
– Taiwan Semiconductor Manufacturing Company was the firm’s first strategic LP.
Article Summary:
Former Kleiner Perkins veterans have secured a commitment of $300 million from LPs, with Taiwan Semiconductor Manufacturing Company being the firm’s first strategic LP. The founding managing partner, Wen Hsieh, highlighted the importance of having high-profile LPs on board. The article also discusses AI investor Super{set} falling just short of its Fund II target and Alaska Perm’s Waldrop emphasizing the importance of focusing on DPI for long-term effects. The LPs’ confidence in the former Kleiner Perkins vets underscores their reputation and track record in the industry.
