Leading VC firm Kleiner Perkins loses partner in China
updated
Joe Zhou, the partner who led the Beijing office of big-name venture capital firm Kleiner Perkins, has left to set up his own venture capital firm.
Zhou had long wanted to start his own venture firm, so the move is not that much of a surprise, according to Asia Venture Capital Journal, which first reported the news (sorry, no link).
The move comes at a time when investments in China are booming, and at all-time highs (see… Continue Reading
Kleiner Perkins repents — goes to China with $360M fund
Kleiner Perkins, one of the most respected venture capital firms in Silicon Valley, but also one of its most parochial, has finally decided to invest in china.
It has just announced a $360 million China Fund, to invest in “high-growth industries,” including Internet, media, wireless, health and green technologies. To help it make the investments, Kleiner has hired three partners from the Shanghai venture firm, TDF Capital, and another partner from Softbank Asia Infrastructure Fund.
The… Continue Reading