Catching Up with Vinod Khosla

Justin Hibbard

I recently visited Vinod Khosla, who since the 1980s has been a general partner in seven funds at VC firm Kleiner Perkins Caufield & Byers, which has funded such companies as Google, Genentech, and Sun Microsystems, where Khosla was a co-founder. Last year, when KPCB raised its eleventh fund, Khosla opted not to participate as a GP. Though he still keeps an office at the firm, he now invests his own money, sometimes alongside KPCB, sometimes with other VC firms, and sometimes solo. He is still a GP in past KPCB funds, some of which are fully invested but not yet fully distributed to limited partners. He manages his investments from those funds and serves on some boards on behalf of KPCB. But when making new investments, he bets only his own money. I asked him why he chose to go it alone and what he's up to.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.