Valley Boy - The education of Tom Perkins Book Review

This is a memoir from Tom Perkins a founding partner of the legendary Silicon Valley Venture capital firm: Kleiner Perkins Caufield & Byers

This book provides a rare insight into the personal dynamics between some of the legends of the Silicon Valley, Hewlett, Packard, Perkins, etc. It chronicles the adventures of founding new companies and in many instances new industries that generate billions in turnover. It has an interesting interview about Perkin's relationship with Danielle Steele, which talks much about the prolific author's writing habits. It also has a great chapter on building of Perkins' high tech yatch: Maltese Falcon.

These days venture capital has become a big industry that in many instances they don't provide the value in guiding a young company by providing the executive input and connecting it to the vital network of people that will help the company to succeed. Instead they just provide the money, which seems to be abundant these days in the venture capital industry. Even hedge funds are getting into providing venture capital and they provide nothing other than money to the budding venture.

For anyone living in the valley and working on hitech, i think this book should be high on their reading list. If you want to understand how the valley was founded and the values of entrepreneurship that still powers it and will continue to do so for the foreseeable future, you must read this book.