Tom Perkins, one of the pioneers of the venture capital industry and cofounder of Kleiner Perkins Caufield & Byers, has died after living for over 84 years with natural health issues.
Perkins was well known for his life an an investor, however, before becoming an investor, he founded a company called University Labs. Perkins was also the general manager when Hewlett Packard’s first launched their computer division. The Venture Capital firm, Kleiner Perkins Caufield & Byers, was founded in 1972 with his partner, Eugene Kleiner. The VC first was one of the first ones to lay the foundation in Silicon Valley, the place which is now a hub for startups and investors.
During his career as an investor, Perkins was on board of a lot of companies including some big names such as Compaq, News Corp, Genentech and HP. He had resigned from his post from HP because of some disputes internally. He was often known for his blunt ideas as well as aggressive approach. In his words, the investment should always be on the idea, because bad people do not get good ideas.
May his soul Rest in Peace.