3 ms·
> I believe KPCB were referred to as a Keiretsu There was a time when it was fashionable to imitate Japanese business, so VCs actively pursued this type of PR.
by jpdoctor 15y ago
> I believe KPCB were referred to as a Keiretsu
There was a time when it was fashionable to imitate Japanese business, so VCs actively pursued this type of PR. So it's more likely that KPCB issued PR about itself calling itself a Keiretsu, having the added benefit of seeming much larger than they are. (The Keiretsu were large conglomerations.)
Now, not so much of that PR is being created.
EDIT: I thought I remembered them self-referencing keiretsu. This is from 2001, look at the bottom:
http://web.archive.org/web/200012122131/http://www.kpcb.com/ http://web.archive.org/web/200012122131/http://www.kpcb.com/?
Arrogance was a strong suit. Last I knew, IRRs from funds in that timeframe were negative and that included Google!.
- jacques_chester 15y agoInteresting point. I was a kid in the 80s, but I certainly remember the mild hysteria about needing to be More Like The Japanese.
- jacques_chester 15y agoFollowing your edit, I find it remarkable that they referred to themselves as Keiretsu well into the "Lost Decade".