5 O’Clock Roundup: Kleiner expands $100M iFund, Intel kills Classmate, AOL prepares for fire sale

5 O’Clock Roundup: Kleiner expands $100M iFund, Intel kills Classmate, AOL prepares for fire sale

Kleiner Perkins to add money to its iFund for apps — Matt Murphy, who manages the $100 million fund, told Bloomberg reporter Connie Guglielmo, “It’s pretty clear we’ll go beyond” the $100M mark. There are 85,000-plus applications in Apple’s store created by companies of all… Continue Reading

New survey: VCs feel glum (but not too glum) about the economy

New survey: VCs feel glum (but not too glum) about the economy

Hey, did you hear that the economy isn’t doing that great? Well, according to a new survey from audit, tax and advisory firm KPMG, venture capitalists got the memo, too — although they’re not as concerned as you might think.

We’ve been writing quite a… Continue Reading