Sunday, 29 March 2015

After Kleiner Trial, Expect Less Shooting From the Hip in Silicon Valley

nytimes.com - SAN FRANCISCO — John Doerr really needed a win, and late Friday the esteemed venture capitalist got one of the biggest of his career: a jury’s complete dismissal of gender discrimination claims against his firm, Kleiner Perkins Caufield & Byers.

But success in the courtroom is a tricky thing, and Kleiner’s victory contains perils that his company will still have to overcome, such as its image as a boys’ club. There is a less obvious one, too, which is how the details that came out during the trial may upend perhaps the most celebrated aspect of venture capitalism: investing on instinct, almost impulsively.

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