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Do we actually know it didn't turn out great? Beyond the fact that Java is the de facto language to work in, I'd wager that KP made an excellent return.
by sanj 19y ago
Do we actually know it didn't turn out great?
Beyond the fact that Java is the de facto language to work in, I'd wager that KP made an excellent return.
- pg 19y agoIt got ok returns, but only because they tossed the original plan to fund companies using Java, and just invested in the same kinds of companies KP would have anyway.
- henning 19y agoThere are lots of great Java companies at the moment (JetBrains, JBoss, Atlassian, ...). However investing in a particular company just because it uses certain technology or doesn't makes no sense to me.
- mixmax 19y agoI think that's because you're an engineer and not a business person ;-)
- prakash 19y agohow do you define ok returns? 3x/5x/7x?
- bayareaguy 19y agoActive Software got 11 million from the KPCB java fund. They were later bought by webMethods in a deal valued at 1.3 billion. However I don't know if KPCB was able to liquidate their shares before the bubble burst. If they were then their returns were probably "ok".