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Kleiner Perkins is having a very good week
With two IPOs this week alone, Kleiner Perkins partner Mamoon Hamid has reason to celebrate.
On Wednesday, the chip maker for wearable devices saw its shares climb from the initial price of $24 to over $42 on Friday. Given how much demand outstripped supply for shares of Figma, we’re going to assume the bankers will, or already have, snapped up the full tranche. Fleet tracking startup Motive Technologies raised $150 million led by Kleiner Perkins, with Ilya Fushman joining the board, the company announced this week.
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