Kleiner Perkins China partner resigns

Ian Goh has left the Silicon Valley firm's China affiliate, which was established in 2007. He was one of the team's first executives, joining alongside three former TDF Capital colleagues including Joe Zhou. Zhou resigned last year, reportedly to launch his own firm.

Ian Goh has resigned from US venture capital firm Kleiner Perkins Caufield & Byers’ China team.

Goh was promoted to partner at KPCB China in early 2008. He was previously a partner at venture firm TDF Capital, where he focused on investments in the internet, media and consumer sectors in China. Before that, Goh was chief financial officer for internet portal Lycos Asia. He has also been involved in several start-ups in Singapore and Beijing, according to KPCB’s website.

To launch KPCB China and its $360 million China-focused fund in 2007, Kleiner Perkins hired Joe Zhou, formerly a partner at venture capital firm SAIF Partners, and Tina Ju, TDF Capital’s founding partner, as
managing partners.

Along with Ju, three more of TDF’s China team joined KPCB China: co-founding partners Forrest Zhong and Daivid Su, as well as Goh, who was then a principal.

In early 2008, Zhou reportedly resigned to launch his own fund. However, he remains an affiliated partner of KPCB China. Ju and Zhong are presently partners at the firm.

Kleiner Perkins opened two offices in Beijing and Shanghai respectively in 2007. Its China fund targets investments in sectors such as technology, internet, media and wireless communications and has reportedly completed nine deals to date.

Founded in 1972 and based in Menlo Park, Kleiner Perkins invests in sectors such as greentech, information technology and life sciences. In November 2007, former US vice president Al Gore joined the firm as a partner.

KPCB China did not reply to requests for comment.