Nine Internet investments since July
Since a July article in Fortune questioned the storied VC firm’s commitment to Web 2.0, Kleiner Perkins Caufield & Byers made nine investments in Internet companies, Doerr said.
“No, we haven’t given up on the Web,” Doerr told the Web 2.0 Summit on Wednesday. “We are doubling down on this theme.”
That means devoting 11 partners to the space and 30 percent of this year’s investments to “digital” startups. Another 30 percent went to clean energy and a small chunk to life sciences.
Doerr said the firm’s recent Internet investments went into four Web companies and five companies making products and services for the iPhone.
“I think this platform is more important than the PC,” he said, referring to Apple’s popular smart phone. “They know who and where you are” and users are “always connected,” Doerr said during an on-stage interview.
In its coverage of the VC firm, Fortune pointed to Kleiner’s past role in the Internet revolution – putting money into Netscape, Amazon and Google.
But Doerr said he remains “pumped up” about companies today. Zynga is one, a company writing applications for social networking sites. Another is ng:moco, a startup developing games for the iPhone.
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