Meeker’s investing focus at the firm will be on the Internet and how the shift to mobile will create huge new opportunities, Gordon said in an interview.
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“She thinks big and thinks global,” Gordon (pictured right) said. “Among the analysts, she is my favorite personality. She makes fearless macro bets and is right most of the time.”
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Gordon said he sees a big boom coming, not a bubble, much like Kleiner’s managing partner John Doerr, who said that we’re in the midst of yet another boom for internet investments at the recent Web 2.0 Summit. The reason is that he sees a lot of technologies that are changing the way we live.
As for his own focus, Gordon said he is fascinated how users are dealing with the information overload from the social internet and how users are building their own social capital. He is also interested in the “new algorithms, data structures and network topologies of the social web.” He is looking at the intersection of mobile operating systems, the social web, and entertainment. He is also interested in gamification, or making non-game applications more fun and engaging by making them more game-like.
Beyond spotting trends, Meeker will now have to pick the right companies and entrepreneurs that are riding those trends. Meeker will focus on Kleiner’s digital investments, which largely means the social and mobile Internet. But Gordon said that renewed emphasis on internet companies doesn’t mean that the company is backing off completely on big cleantech investments.
“If you look at our cleantech and life science press releases, you can see there are other partner recruitments happening there too,” he said.
Kleiner has a new fund, the sFund, to invest in social Internet companies. But Gordon said it isn’t easy to predict whether Kleiner will invest more money in 2011 than it will in 2010.
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[photo credit: SF Business Journal]
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