Longtime Kleiner Perkins partner Wen Hsieh is leaving the Silicon Valley venture capital establishment to start a fund with backing from the firm and Taiwanese chipmaker TSMC , sources told Reuters.
A logo of Taiwanese chip giant TSMC can be seen in Tainan, Taiwan, Dec. 29, 2022.REUTERS/Ann Wang/File Photo
A Kleiner Perkins spokesperson confirmed Hsieh's departure and the firm's participation in the fund. TSMC did not respond to a request for comment. Hsieh, with two PhDs from the California Institute of Technology, has worked at Kleiner Perkins for 17 years, leading investments in Chinese drone maker DJI and 3D printing company Desktop Metal
Other notable Kleiner Perkins alums who have started their own funds include Vinod Khosla, founder of Khosla Ventures, and Mary Meeker, who launched BOND Capital.
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