What Is Joe Lacob's Future at Kleiner Perkins

Kleiner Perkins partner Joe Lacob yesterday agreed to buy the Golden State Warriors. Now I know what you're thinking: "Gee, he must have gotten tired of having to attend all those playoff games as a Celtics minority owner. Next May, he'll be able to turn in by 10pm each night." For me, the question is if he'll be a fulltime owner like Wyc Grousbeck, who quit his VC job before later returning in a part-time capacity (after he realized that there wasn't too much for him to do in the Celts office each day, after working out in the team gym). Or will he be like Steve Pagliuca, who kept his dayjob at Bain Capital (and even found time to run for U.S. Senate)? I put the question to Lacob via email, to which he replied: "Good question. But, I cannot comment on this one yet."

16 July 2010•1 min read
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