Report: Legacy Silicon Valley venture firm Kleiner Perkins Caufield Byers missed early investments, struggled with leadership succession
was once the gold-standard of Silicon Valley venture capital firms. But its star has faded in recent years, and last year it was cleaved in half when one of its superstar partners left to start her own firm.lengthy Fortune magazine feature Storey by Polina Marinova, that's worth a read.
Marinova recounts how a combination of unclear leadership and poor investment decisions led the once-prominent Silicon Valley institution to"B-list" status among entrepreneurs.
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