The venture-capital investment firm has made an investment of up to $20 million in the ephemeral message service, according to The Wall Street Journal.
Venture capitalist pioneers Tom Perkins and Don Valentine dish out details about running into Steve Jobs, their worst investments, and attending board meetings in hot tubs.
Ellen Pao, who last year filed a sexual harassment lawsuit against Silicon Valley's most powerful venture capital firm, gets a new job.
The outspoken venture capitalist elaborates on his controversial remarks about the rich and Nazi Germany during an interview in San Francisco.
The funding round for the Web audio host reportedly nets $50 million, which would give the company a $200 million valuation.
The VC's junior partner sued her employer in May, alleging she endured five years of retaliation for rebuffing sexual advances from senior partners.
While the investor regrets comparing the Occupy Movement with Nazi Germany, he stands by his message that a "minority" of rich people are being "demonized" by a "majority" and "it's wrong and dangerous."
In a preliminary ruling, a California judge rejects the venture capitalist firm's bid to move the gender discrimination lawsuit brought by a junior partner into third-party arbitration.
In its first court filing in the case, the uber-VC firm Kleiner Perkins "vigorously" denies the gender discrimination charges partner Ellen Pao made in a lawsuit last month.
Venture capital firm's new investment partner, most recently at Square, will focus on consumer Internet ventures.