Venture Capitalist, One of the co-founders of Sun Microsystems
Vinod Khosla, a native Indian and the world's No.2 ranked Venture
Capitalist, is considered as one of the most influential personalities in
Silicon Valley. He is a partner in the venture capital firm Kleiner Perkins
Caufield & Byers. Aged 50, he was among the first venture capitalist to understand that internet technology and fiber optics could
make communications so fast, cheap and easy and spots the potential of companies
that sell gear for high speed optical networks.
He was born in 1955 in a
military family in New Delhi, India. He earned a B.Tech degree from the
prestigious Indian Institute of Technology ( IIT), Delhi. After that he
attempted to start his own company in India, a dream since the age of 15. Being
frustrated by the experience, he gave up his mission. Then he went to United
States and completed M.S degree in Biomedical Sciences at Carnegie Mellon and
also earned an MBA degree from Stanford University in 1979. Vowing to become a
millionaire before 30, ambitious Khosla
found a business idea and partners from Srandfrod business club. They found
Daisy Systems, a computer aided engineering and design company, but failed
quickly because the economics of the market went against it.
At 27, Khosla became successful when he co-founded Sun Microsystems with
a German student Andreas Bechtolsheim, a multi millionaire. Khosla ran Sun
until 1984. In 1986, he joined in Kleiner Perkins, a firm that funded Sun as a
general Partner. During this time, Khosla has played key roles in starting
companies that are involved in multimedia, semiconductors, video games,
Internet software and computer networking. He conceived the idea to optimize
SONET for data, a scheme that led to the creation of Cerent Corp, a
telecommunications-equipment company which Cisco acquired in 1999 for $6.9
billion. Khosla was also instrumental in launching Juniper Networks, a company
many thought as the next Cisco. Others include Viant, Extreme Networks,
Lightera etc.
Khosla has
won admiration because of his ability to build and fashion companies and
technologies. He plays an active role and is not satisfied to sit back and let others work the plans while he
okays the progress. Though he was successful in almost all his ventures, there
has been one time that Khosla had been
wrong. He backed 3DO Co, a game-maker whose shares now sell for a fraction of
the initial offering price in 1993.
Vinod
Khosla came from an ordinary middle
class background. His father was in army. At the age of 16, Vinod Khosla read about the founding of Intel. This motivated him to nurture dreams of
starting his own technology company. At the age of 20, after graduating in
Electrical Engineering from IIT Delhi, Vinod Khosla started a soy milk company
to cater to those people in India who did not have refrigerators. But his
venture failed.
Vinod Khosla
went to the US and did his masters in Biomedical Engineering from Carnegie-Mellon
University. His entrepreneurial ambitions attracted him to Silicon Valley and
subsequently he did his MBA from Stanford University in 1980.
After graduating from
Stanford, Vinod Khosla founded Daisy Systems with two other founders. Daisy
systems was the first significant computer aided design systems for electrical
engineers. The company went on to make huge profits but driven by the
frustration of having to design computer hardware on which the Daisy software
needed to be built, Vinod Khosla left the company.
In Vinod Khosla,
started the standards based on Sun Microsystems in 1982 to build workstations
for software developers. Sun was funded by his long time friend and board
member John Doerr of Kleiner
Perkins Caufield & Byers. At
Sun Microsystems, Vinod Khosla pioneered "Open Systems" and RISC
processors. He left Sun Microsystems in 1985 and joined Kleiner Perkins
Caufield & Byers (KPCB) in 1986, where he continues to be a general partner
of KPCB funds through KPX.
Vinod Khosla also
challenged Intel's monopoly by developing Nexgen/AMD. He also conceptualized
the idea and business plan for Juniper to take on Cisco's dominance of the
router market. Vinod Khosla is also one of the entrepreneurs and professionals
founded in 1992. In 2004, he formed khoslaventures to fund knowledgeable entrepreneurs in their
new "social impact" ventures.
Vinod Khosla has
been interest in nascent technologies that can have a beneficial effect and
economic impact on society. Presently,
he is looking into practicality of the use of ethanol as a gasoline
substitute.
Khosla's current effort is funding and managing
application service provider start ups. He is chairman of two such firms, Corio
and Asera. This much respected entrepreneur lives in Woodside, CA with his wife
and four daughters. Khosla believes in closeness in family. His rules for life
include having breakfast and dinner with his family. He is one of three
billionaires of Indian origin in Forbes magazine's list of America's richest
400 people.
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