Word: treybig
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Dates: during 1981-1981
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Kleiner, Perkins closely studies an infant company's prospects and then carefully nurtures it during the early years. In 1973 Jim Treybig, one of the partners, began to work on an idea for a new computer that would eliminate many common computer breakdowns. Last year Tandem Computers, with Treybig as president and Tom Perkins as chairman of the board, rolled up sales of $109 million. The $1.5 million investment by Kleiner, Perkins is now worth $220 million. The company also struck gold last year when Genentech "One large winner takes care of an occasional loser...
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