kleiner perkins

Ellen Pao, former Kleiner Perkins junior partner, joins Reddit

Ellen Pao, a former junior partner at Kleiner Perkins Caufield & Byers who filed a lawsuit last year against her employer alleging gender discrimination and retaliation, is joining Reddit.

She filed a lawsuit against the legendary venture capital firm alleging having suffered retaliation after rebuffing sexual advances from senior partners. She also claimed that Kleiner Perkins discriminated against her and other female employees when it came to promotions and pay. Kleiner Perkins has denied all of Pao's allegations, which made for quite a number of Peyton Place comes to Silicon Valley headlines when they first hit.

Here's the … Read more

Google 'Glass Collective' ropes in VC bigshots

Google Glass is winning the attention of the serious money crowd in Silicon Valley.

Wednesday afternoon Google Ventures, Andreessen Horowitz and Kleiner Perkins Caufield & Byers, jointly announced plans to form an investment syndicate to supply seed money to startups developing products around Google's Glass and what it described as the "Glass ecosystem."

In comments the partners posted about the announcement on their respective websites, the participants gushed about the potential represented by Google Glass.

Marc Andreessen, general partner at Andreessen Horowitz, described the "thesis" represented by Google Glass as truly transformational.

"Instead of … Read more

Mary Meeker: Android will continue to dominate

Kleiner Perkins venture capitalist Mary Meeker, once known by many as the "Queen of the Net," gave a surprise midyear Internet Trends report update to a small crowd in San Francisco tonight, according to TechCrunch.

Meeker, who gives legendary presentations each year about the state of the technology business, touched on mobile growth, Android adoption, and tablet usage.

The key tidbit to come out was that Android smartphone adoption is growing six times faster than the iPhone, according to TechCrunch. That's not a huge surprise, considering that Android continues to have a strong grip on the U.… Read more

Ellen Pao says she has been fired by Kleiner Perkins

Last updated: 11:25 a.m. PT

Ellen Pao, the junior partner at Kleiner Perkins Caufield & Byers who filed a lawsuit earlier this year against her employer alleging gender discrimination and retaliation, has been fired from the Silicon Valley VC, she announced late Tuesday.

"I have been terminated from my job at KPCB," she said in a statement on Q&A site Quora. "On Monday afternoon, senior management told me to clean out my office, leave, and not come back."

Pao's allegation was included in an updated response to a Quora user's … Read more

Judge denies Kleiner bid to arbitrate sex discrimination case

In a pivotal decision, San Francisco Superior Court Judge Harold Kahn on Friday rejected Kleiner Perkins' argument to send the Ellen Pao sexual discrimination lawsuit to arbitration.

Pao filed her lawsuit against Kleiner Perkins Caufield and Byers in May. She claimed the company discriminated against her and 20 other female employees, referred to in the lawsuit as Jane Does, when it came to pay and promotions.

Kleiner Perkins, which denies Pao's allegations, argued that she had earlier signed employment agreements that would have bound her to arbitrate any legal disputes. The obvious benefit for Kleiner Perkins here would have … Read more

Judge tentatively nixes arbitration in Kleiner Perkins sexism lawsuit

The venture capital firm Kleiner Perkins Caufield & Byers was tentatively denied its request for arbitration in the gender discrimination lawsuit brought by junior partner Ellen Pao.

According to Reuters, Judge Harold Kahn made a preliminary ruling today that the case should continue to go through the courts rather than be moved to third-party arbitration, which the firm requested last month.

"There is no arbitration agreement between plaintiff and defendant," Kahn wrote in his initial ruling, according to Reuters.

Kleiner Perkins, in a statement, said it believes it has strong arguments and precedent to move the matter to … Read more

Kleiner Perkins denies Ellen Pao's harassment complaint

Kleiner Perkins filed a seven-page response that denied the gender discrimination and retaliation charges brought by junior partner Ellen Pao in a lawsuit last month, stating that her complaints were "without merit."

In other words, Kleiner Perkins has made good on its promise to "vigorously defend our reputation," as Kleiner's senior partner John Doerr said in a statement last month.

The issue at hand is a gender discrimination complaint that junior partner Ellen Pao filed against the venture capital firm in the Superior Court of California on May 10. The complaint alleges that Pao endured … Read more

Kleiner's Ellen Pao doesn't quit despite the lawsuit

After weeks of dodging the press about the gender discrimination lawsuit she filed against her employer, Kleiner Perkins Caufield & Byers, Ellen Pao says she doesn't plan on quitting the venture capital firm.

This news doesn't come by the way of the press, however. Instead, Pao quietly made the announcement on the Web site Quora, according to TechCrunch, which first reported this news.

Yesterday, a Quora user posted the question, "Did Ellen Pao quit KPCB after the lawsuit?" and under her own account name Pao replied "No, and I don't plan to quit."… Read more

Former Google exec Megan Quinn joins Kleiner Perkins

Kleiner Perkins Caufield & Byers announced today that former Google and Square executive Megan Quinn is joining the firm as an investment partner.

Quinn will focus on consumer Internet ventures as part of the venture capital firm's digital team, according to a press release.

Quinn, who oversaw strategy and development of products at Square for the last year, starts late next month.

Prior to Square, the Stanford University graduate was at Google for seven years. She led the development of some of Google's most successful products, including Google Maps.

"Joining Kleiner Perkins is an incredible opportunity at … Read more

Kleiner's Doerr denies gender discrimination allegations

Venture firm Kleiner Perkins Caufield & Byers is refuting claims of gender discrimination brought by a female junior partner after it hired an investigator to look into the matter, the company's veteran partner John Doerr said in a statement released today.

"We have taken great care to treat this situation seriously, swiftly, and with integrity," Doerr said in his statement. "We hired an expert, independent investigator to conduct a thorough inquiry. The investigator's report concluded that the allegations are without merit and that our firm does not discriminate on the basis of gender. In the … Read more