Productivity and living standards will grow worldwide, driven by advances in information technology and life sciences.
"Given the skill levels they have," he said, "they're not ready to transition to the frontier sectors of the economy, like information technology and life sciences".
In addition to its investments in information technology and life science companies, the firm plans to invest about $100 million of the total in companies developing technology for clean energy or environmental remediation.
The Midas List 01.30.03 We identify the top 50 venture investors for information technology or life sciences.
Nanotechnology, or manipulating matter at the atomic level, may change everything in energy, information technology, electronics, life sciences and defense.
The universal availability and storage of this data will change the way investigators do research, creating new opportunities for researchers willing to bridge information technology and life science.
Kleiner Perkins announced the formation of its thirteenth fund, KPCB XIII, which will invest $700 million in "greentech, information technology and life sciences ventures".
The 30-year-old firm, which has traditionally invested in information technology and life science companies, announced today that it has already raised money for two new funds–a $200 million Pandemic and Bio Defense Fund, and a $100 million Green Technologies fund.
Pittsburgh-based ticketing startup ShowClix recently raised Series A funding from Pittsburgh Equity Partners (PEP), a newly established venture capital firm with a focus on seed and early-stage information technology and life sciences investments in the region.
Specific examples were the ability to use information technology for life-long learning, and to be able to interact with increasingly informed patients by understanding information brought by patients to a consultation, and by being able to refer patients to relevant information on the Internet.
