Kleiner Perkins Sees Profits In Pandemics?
from the cheerful-subject dept
While highly targeted venture capital funds don't always do well, top VC firm Kleiner Perkins doesn't seem to mind them. It apparently did quite well a decade ago with its "Java fund." The latest, which comes as a bit of a surprise, is apparently a $200 million "pandemic fund". It's obviously to fund ideas to prevent pandemics, rather than create them. That's certainly an excellent cause, but a very narrowly focused one -- and one that might raise a lot more questions about likelihood of profits than something that is more broadly applicable like a specific technology. That doesn't mean to imply that this is a bad thing. In fact, it's potentially wonderful and life-saving to invest in pandemic prevention. It'll just be interesting to watch how well the fund actually does from a business standpoint. It seems like their may be a lot of luck involved. If the fund hits a home run by investing in "the cure" for something big, then great. If not...
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Sounds like a bad bet
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Re: Sounds like a bad bet
But whether it makes a profit or not, it's still a) a great value to society and b) great PR for the firm, which may boost their other funds.
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No Subject Given
Global Pandemic: You die a rich man.
Sounds like a joy of a fund to invest in...
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What about slow pandemics?
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