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September 4, 2007
Kleiner Perkins: No Business Plans Please
Maybe this happened ages ago, but I just noticed that the venture guys at Kleiner Perkins have revamped their website to have the main thing on the front page be a search box. It's definitely different, but it's also more than little disconcerting.What if I'm not searching for something? Whatever happened to trumpeting portfolio news, etc.?
Just for fun, I role-played being an entrepreneur looking for money. I entered "business plan" in the KPCB search box, with the following result:
Your search - site:kpcb.com business plan - did not match any documents.Apparently business plans aren't high on the list of things Kleiner is looking for.
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At least they aren't leading people on. The few VCs I've met have all said that they don't even look at the website-submitted plans.
Assuming most VC firms do the same, I don't know why they have that form on the webite in the first place. Maybe to make them look more 'equal opportunity'-ish?