KPCB has already blown through much of the $600 million it raised last year

Kleiner Perkins, one of the most storied franchises in venture capital, has already invested much of the $600 million it raised last year and is now going back out to the market to raise its 19th fund, according to multiple sources. A spokesperson for KPCB declined to comment on the firm's fundraising plans citing SEC regulations. The quick turnaround for KPCB is indicative of a broader industry trend, which has investors pulling the trigger on term sheets for new startups in days rather than weeks.

from Yahoo Tech https://ift.tt/38Nvtxd