I don’t subscribe to Fortune anymore (though Business Week and The Economist’s third world rates got me back for one more fix), but I do need to read this artticle on Kleiner Perkins… the legendary VC firm that backed Google, and many others before it.  Venture Beat adds:

The firm’s fortunes have emerged as the subject of discussion in Silicon Valley, now that the firm has largely abandoned the Internet investments that made it famous. “Several Valley investors who monitor startups tell me they don’t bother sending Web-oriented entrepreneurs to pitch Kleiner anymore; they say the firm just doesn’t seem interested,” writes Fortune’s Adam Lashinsky, citing one off-the-record source. “If they’re wrong, it’ll be the end of Kleiner Perkins.” continue reading...

There’s a saying that states: fear is temporary, greed is permanent.  Well, you can add, greed is global, too.

Apparently, after losing their shirts and fleecing their own investors in the North American video market (quick, name me on more successful exit in the space other than YouTube - too late, the elevator’s moved on), VCs are now losing their shirts - and making me lose my lunch - in China, too. continue reading...

Wireless.  B2B.  Social networks.  All pretty faddish if you ask me.  The latest, apparently, is green investments.

Gentlemen, start your engines and start flushing your money down the toilet: continue reading...