Beth Seidenberg of Kleiner Perkins is starting her own fund [TechCrunch Blog]
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Source: TechCrunch Blog
Beth Seidenberg joined Kleiner Perkins 13 years ago to focus on life sciences for the storied venture firm. Now, according to a Recode report , she’s heading off to start her own life sciences venture fund in L.A. where she lives. We reached out to a spokeswoman for Kleiner, who confirms that Seidenberg will no longer be a general partner in any new funds raised by the firm. She stressed, however, that Seidenberg remains a general partner in Kleiner’s current funds. She also said that Kleiner remains committed to life sciences investing, and that in addition to longtime general partner Brook Byers, a founding member of the firm who has long focused on biotech, Kleiner is considering hiring another investor to focus on life sciences. While the move is interesting from a firm perspective — Kleiner has undergone one transition after another over the last half dozen years, parting ways with at least 10 investors, including Trae Vassallo, Mike Abbott, Chi-Hua C
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