Brook Byers and Ray Lane No Longer General Partners At KPCB
Kleiner Perkins Caufield & Byers (KPCB) is changing their partnership structure according to the prospective limited partners in the company’s early-stage fund. Brook Byers and Ray Lane are no longer listed as general partners on the fund documents, but they will still be actively involved at the company. At the company, Byers is the only partner that has his name associated with the company as he had originally joined in 1977. He had launched the company’s life sciences practices 7 years after joining, which went on to be valued at greater than $8 billion in the public markets. Lane joined KPCB in 2000 after serving as President and COO at Oracle. Some of his most recent transactions at KPCB include Fisker Automotive and GreatPoint Energy. He is also an executive chairman at Hewlett Packard.