mary meeker

Mobile Internet traffic gaining fast on desktop Internet traffic

Mobile traffic is growing so fast globally that in some places it has already surpassed desktop traffic.

That was one of the key conclusions of a year-end Internet trends report delivered this evening at Stanford University by Kleiner Perkins venture capitalist Mary Meeker.

Once known as "Queen of the Net," Meeker reported that 13 percent of all Internet traffic is now executed from a mobile device, up from 4 percent just two years ago. In tech-savvy India, mobile Internet traffic has reached 60 percent, surpassing desktop Internet traffic, which has declined to 40 percent.

Monetization of the mobile … 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

Here's the chart that explains Facebook's IPO mess

When Kleiner Perkins Caufield Byers partner Mary Meeker was asked about Facebook's IPO during an interview at the D10 Conference today, she pointed to a key problem: that Facebook's shares were trading on the private market at $104 billion valuation before the company went public.

Actually, they shares traded even higher than that as the anticipation and hype surrounding the giant IPO neared.

Facebook was the most active stock on SecondMarket, an exchange for shares in private companies. And plenty of hedge funds and other big money managers were scooping up shares there -- often at prices far … Read more

Kleiner Perkins signs ex-Twitter engineer as general partner

From Twitter to big-time venture capitalist in just two months.

Mike Abbott, who recently stepped down as vice president of engineering for Twitter, has joined the prestigious Kleiner Perkins Caufield & Byers as a general partner.

Abbott will focus on Kleiner's digital practice, helping startups involved in social, mobile, and the cloud. A key part of his role will also be to help portfolio companies hire talent, which in the Valley these days is a constant and expensive struggle.

While at Twitter, Abbott amped up the engineering team from 80 to more than 350 people in less than a … Read more