Former Secretary of State Colin Powell has joined Kleiner Perkins Caufield & Byers (KPCB), a premier venture capital firm based in Menlo Park, California, as a strategic limited partner.
Since its founding in 1972, KPCB has backed over 450 ventures, including AOL, Amazon.com, Citrix, Compaq, Electronic Arts, Genentech, Genomic Health, Google, Intuit, Juniper Networks, Netscape, Lotus, LSI Logic, Sun Microsystems, Symantec, Verisign and Xilinx.
Ray Lane of KPCB said, "General Powell is one of the most influential leaders of our time. His strategic guidance in global affairs is invaluable. In our 'flat world' of global markets, global connections, and global competition, Colin adds tremendous value."http://www.kpcb.com
- General Powell's son, Michael K. Powell, stepped down as Chairman of the FCC.
