C. Richard Kramlich co-founded the venture capital firm New Enterprise Associates (NEA) in 1978, serving as its managing general partner for two decades. In this oral history, Kramlich discusses his education at the Harvard Business School, his early career in finance, and his entry into venture capital in a partnership with Arthur Rock starting in 1969. He details the establishment of NEA with his co-founders, his personal investment in Apple Computer, and one of NEA’s earliest investments, 3Com. After noting the rise of the graphical in computing, Kramlich discusses at length his investment and involvement with the Apple Computer spinoff, Forethought Inc., its history, and its development of PowerPoint. The interview concludes with some of his thoughts about his investment in Silicon Graphics, the software industry, NEA’s approach, and collecting video art.
Kramlich, C. Richard; Venture Capital; Rock, Arthur; New Enterprise Associates (NEA); Software; software industry; Graphics; Networking; personal computers (PCs); 3Com; Apple; Forethought, Inc.; PowerPoint; Silicon Graphics; Video Art