Dick Kramlich, the man with VC in his blood, moves to China
Every famous Silicon Valley venture capital firm is driven by a partner with a reputation of working relentlessly and tirelessly to win deals. At Kleiner Perkins, it is John Doerr. At Sequoia, it is Doug Leone. At New Enterprise Associates, it is Dick Kramlich.
Already having made serious money since launching NEA 29 years ago, Dick Kramlich, 72, is still moving at the rapid pace he always has. Now, Kramlich is moving to Shanghai for a… Continue Reading
Gutsy venture firm New Enterprise Associates brings home results
It’s time for an update on New Enterprise Associates, Silicon Valley’s largest venture capital firm.
VentureBeat’s last piece about the decades-old firm was critical. NEA’s tendency to make extremely large bets appeared to be backfiring. Witness its backing of large, fizzling companies like Vonage, Alien and SMIC — and its arguably foolishly stratospheric valued bets on early companies SolFocus and SugarCRM. Was NEA out of control?
Afterward, we got a handwritten letter from NEA’s leading partner, Dick… Continue Reading