Around the Valley, it’s well known that VC funds raised in the late 90s (and hence invested at the height of the bubble) fared poorly. Such was the fate of Kleiner Perkins ninth fund. But that fund did have one big winner – Google. Silicon Beat has the details.
PS – You’ve probably noticed a lot of Google in recent postings. That will continue for a while, as I’m in that portion of my writing on the book. I’ve got final rounds of interviews at Google next week, and am working on the Google portions of the text. Bear with me….