Thomas “Tom” Perkins—plutocrat, investor, patriot, businessman, innovator, guy once convicted of involuntary manslaughter for ramming a French guy’s small boat with his $130 million, football field-sized yacht and killing him—is dead at 84, the New York Times reports.
The Wall Street Journal, which combines some of the world's finest news reporting with an opinion section run by C. Montgomery Burns, continues to steadily whip a dead horse by the name of "Progressives Are Like Hitler."
Tom Perkins has been a barometer of plutocratic spending amid economic meltdown. That barometer is now signaling a comeback, if only for the real estate market, as Perkins scoops up a royal penthouse atop the San Francisco skyline.
Why is VC Tom Perkins already selling the Maltese Falcon, his 289-foot sailing yacht he finished building in 2006? For a quick profit, ostensibly. But he has likely botched the timing. In 2007, used yachts cost more than new ones because wealthy buyers wanted them immediately. That demand led to profitable…
At 289 feet, the Maltese Falcon, is the world's largest sailing yacht. Its owner, venture capitalist Tom Perkins, is over it. He's looking for a buyer to take the Falcon off his hands for about $233 million, according to The Wealth Report blog. Of the Falcon, Perkins once told Lesley Stahl on 60 Minutes: "I just…
Of all the companies gone public in the past year, only one pays for its CEO's yacht-club membership. That's security-software maker ArcSight, which went public on Valentine's Day. The CEO is Robert Shaw. According to Footnoted, Shaw's other benefits include an apartment near ArcSight's Cupertino headquarters, a car…
Kleiner Perkins cofounder Tom Perkins describes his time on Hewlett-Packard's board as "an example of how a board of directors can really help management." But with that exception, he notes, corporate boards serve little purpose.
Then you board your 289-foot postindustrial three-mast (a triumph of science, vision…BusinessWeek's Spencer Ante has another interview outtake with former Hewlett-Packard board member and Kleiner Perkins cofounder Tom Perkins. In it, Perkins explains how he helped turn around HP. Here's the 100-word version of the harrowing tale of board committees, patent policies and microprocessors oh my!
Word has leaked that Silicon Alley's most successful firm just began a hiring freeze. Web ad buyers are predicting a 2008 downturn. The stock market is getting downright fastidious with all its "corrections." Should Valley entrepreneurs worry about venture capital drying up? In a word, "No," former HP board member and…
Tom Perkins, bazillionaire venture capitalist and owner of the Maltese Falcon, was interviewed on 60 Minutes last night. Humility is not his strong suit. Why build the biggest sailboat in the world? "I just wanted the biggest." I can relate. In his spare time, Perkins also fake blogs.
"I am embarrassed by [the price] ... There's the homeless and charity and there are lots of things you could do with that money that would improve the world, right? So you know, 'How selfish is this guy?' ... is the criticism. So the answer is pretty selfish, but I am not going to put a number on it." — Tom Perkins, …
Recently, Google CEO Eric Schmidt was spotted purchasing "Mine's Bigger," the book about the yacht obsessions of Kleiner Perkins founder Tom Perkins. Sure, Perkins's firm invested in the search behemoth. But why would Schmidt purchase a book detailing the methods Perkins used to ensure that he had the most spectacular…
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