Mary Meeker Starts $1.25 Billion VC Fund After Leaving Kleiner Perkins
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Mary Meeker, a longtime fixture of Silicon Valley with her annual presentations on internet trends, is starting a new $1.25 billion venture fund. The former Morgan Stanley analyst co-founded her own venture capital firm, Bond Capital, after parting ways with Kleiner Perkins in September.
The new fund, disclosed in a securities filing Wednesday, is more than double the size of one announced this year by Kleiner Perkins, where Meeker served as a partner for about eight years. News website Axios reported that Bond Capital has secured enough commitments to fill out the new fund. A spokeswoman for the VC firm declined to comment.