3 ms·

KP doesn't have the same cachet anymore. It is one of the top 10 VC firms. That is all. Nothing special here. Move over.

• icpmacdo 10y ago
  My wild guess would be the top 3 are Benchmark, Andreessen and Sequoia, am I wrong?
  • throwaway6497 10y ago
    Top 5 in Cachet in no particular are probably Benchmark, Andreessen, Sequoia, Greylock, Accel. KP comes after them. It used to be number one. Not anymore. There are so many angels, good old/new VCs (YC, LightSpeed, FirstRound, Union Square, SocialCapital etc) that calling out KP for prestige doesn't make sense anymore. Getting funded by KP now means => You raised money from a good VC firm. Nothing more. Years ago, it was more like - "Wow, you guys raised money from KP? You must me special"
    • swampthinker 10y ago
      Would throw NEA in there too.
      • genericpseudo 10y ago
        Bessemer, GV, Balderton too.
        • argonaut 10y ago
          One of those does not belong.
    • Moto7451 10y ago
      So what's the effective difference between raising money with KP and someone you have more respect for? Connections? Mentors?
      • cft 10y ago
        Means that even if the company completely fails, preferred stock will be paid to some extent, eg. Meebo, Slide, Loopt, etc
    • aswanson 10y ago
      Wouldn't Founders Fund $ signal better than Accel money?
• vgeek 10y ago
  Is Bachmanity a top 10 yet?