http://venturebeat.disqus.com/News about Tech, Business and InnovationenTue, 20 Jan 2009 11:26:26 -0000http://venturebeat.com/2009/01/14/kleiner-perkins-forced-to-reach-out-to-new-investors-unheard-of/#comment-5394217<p>Another example of 2008/2009 being defined as "Unprecedented".</p><p>One hundred years from now, the "turn of the Century" will be defined by 2008 and 2009.</p><p>The entire financial word appears to have been in a Lotus Eaters dream. As their fog lifts, the rest of us are the ones forced to pay for their delusions.</p><p>Let's hope the VC's get things right and soon.</p>Ronald GarnerTue, 20 Jan 2009 11:26:26 -0000http://venturebeat.com/2009/01/14/kleiner-perkins-forced-to-reach-out-to-new-investors-unheard-of/#comment-5165024<p>with all due respect to KP, this is a bit of whitewashing or at least, putting some badly needed lipstick on a pig (can we use that phrase again now the election is over?)</p><p>KP simply would never -- never -- have taken such actions unless both its LPs and its own funds and portfolios were in deep doo-doo</p><p>one can only hope KP will lead the entire tired, bleeding industry/asset class into radically lowering management fees while slightly raising carried interest rates -- otherwise as noted above by "money man", the asset class is in danger of becoming poisoned for a generation by overgreedy underperforming GPs, which would be a huge tragedy for the entrepreneurial class and the country as a whole (which depends on that entrepreneurial class to pump fresh oxygen into the national bloodstream)</p>Steve KaneFri, 16 Jan 2009 11:12:18 -0000http://venturebeat.com/2009/01/14/kleiner-perkins-forced-to-reach-out-to-new-investors-unheard-of/#comment-5136957<p>It has been 11 years since the venture industry has returned more cash than it has plowed into investments, according to the National Venture Capital Association. The industry is now managing $257 billion, up from $64 billion in 1997. --Forbes 12/08</p>Money ManThu, 15 Jan 2009 05:29:03 -0000http://venturebeat.com/2009/01/14/kleiner-perkins-forced-to-reach-out-to-new-investors-unheard-of/#comment-5122500<p>And I've got some change in my pockets...but need the quarters for laundry.</p><p>Putting in envelope, sealing...and sent!</p>ToddWed, 14 Jan 2009 18:33:19 -0000http://venturebeat.com/2009/01/14/kleiner-perkins-forced-to-reach-out-to-new-investors-unheard-of/#comment-5117155<p>Cool. Think they'll take my Roth IRA money? I've got a few grand for them.</p>Barrett W. SheridanWed, 14 Jan 2009 14:06:01 -0000