The Emergence of Venture Funds
In 1972, Sandy Robertson asked John Anderson to introduce Eugene Kleiner and Tom Perkins to a local industrialist. John heard the pitch and committed to participating in the fund, becoming Kleiner Perkins’s first limited partner.
Over the following forty-five years, Spring Creek expanded its relationship by investing in two dozen KPCB funds. As a result, Spring Creek has participated in many of Silicon Valley’s most successful startups:
