Mary Meeker, internet’s ‘queen,’ leaving Kleiner Perkins to start own fund
The “Queen of the Internet” will soon have her own investment firm.
Mary Meeker, a venture capitalist at Kleiner Perkins, plans to depart the Menlo Park firm this year to start an investment fund. The venture firm had hired Meeker, a former Wall Street analyst known as the Queen of the Internet for her bullish coverage of internet stocks, in 2010.
She is leaving as Kleiner plans to spin off its practice of investing in more mature and larger private companies, known as late-stage investing, into a separate entity. Three other investors at Kleiner — Mood Rowghani, Noah Knauf and Juliet de Baubigny — will join the new firm, which has not yet settled on a name, Meeker said in an interview.