Fund size up 75% to $3.5B signals strong LP conviction in AI thesisblog
Live positions in Anthropic, Harvey, Together AI generating real markupsblog
Two-fund structure enables KP to stay on cap table from seed to IPOblog
Portfolio spans seed (Glean) to growth (Waymo, Anthropic) — full lifecycle activeexternal
10+ GPs active across AI, deep-tech, consumer, enterprise verticalsexternal
Incubated Glean in KP offices — hands-on operator model confirmedexternal
Rippling Series A: largest early-stage KP check at timewebsite
Applied Intuition now valued at $15B — multi-stage conviction pays offwebsite
Nest: 20x return, 60%+ of fund from single betwebsite
Backed Stripe, Instacart, Handshake — consumer infra depth provenwebsite
New bets: Rogo, Saronic, Granola, Armadin, Parallel — active deploymentwebsite
Portfolio hits 20+ unicorns: Google, Amazon, DoorDash, Figma, Spotify, Waymowebsite
Anthropic partnered 2025; Waymo 2026 — scaling AI-first ops at scalewebsite
Compaq record: $1B revenue in 5 years; KP built category + GTMwebsite
Google ($10B revenue bet) + Amazon Prime concept origin — legacy pattern matchingwebsite
Eric Schmidt + Bill Campbell playbook still used for team building todaywebsite
Duolingo game design conviction before monetization; now $15B+ valuationwebsite
Figma Series C invested; collaborative design became category-definingwebsite
Twitter 2010 bet: early belief in real-time infrastructure; 1B+ users reachedwebsite
Handshake: democratizing early-career access; mission-driven conviction thesiswebsite
Google 1999: $10B revenue target from PageRank; 17-page deck, 2 pages numberswebsite
Amazon 1996: recruited VPs Engineering + CFO; Bing Gordon Amazon Prime insightwebsite
Spotify 2011: solved music piracy + artist payment problem at scalewebsite
DoorDash 2015 Series B: bet on tech + logistics vs crowded delivery spacewebsite
Robinhood: democratized finance; eliminated fees in fintech landscapewebsite
Anthropic: foundational AI model development defining generation of AI betswebsite
Waymo: 200M+ fully autonomous miles; safety superior to human driverswebsite
Compaq 1982: portable IBM-compatible PC; $111M sales year one recordwebsite
Anthropic partnered 2025: foundational AI safety company backed by KP convictionwebsite
Waymo partnered 2026: 200M autonomous miles; infrastructure-level autonomy betwebsite
Figma IPO roadmap: collaborative design fundamentally transformed how teams workwebsite
Robinhood IPO: democratized finance by eliminating fees; barrier-lowering thesiswebsite
Duolingo IPO: game mechanics drove engagement before clear monetization pathwebsite
DoorDash IPO: logistics + tech + customer obsession beat crowded delivery marketwebsite
