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Kleiner's Chi-Hua Chien may raise his own VC fund

November 14, 2013: 12:19 PM ET

Kleiner Perkins partner ponders next act.

FORTUNE -- Chi-Hua Chien, a partner with Kleiner Perkins Caufield & Byers, is thinking about launching his own venture capital fund, Fortune has learned.

Chien is in the very early stages of talking to both prospective LPs and his Kleiner Perkins colleagues, for what likely would be a small seed and early-stage fund focused on consumer technology companies.

Last month we reported on a major management shake-up over at Kleiner Perkins, which chose to narrow its early-stage investment committee to just five managing directors. Among those not on that list was Chien, who joined the firm in 2008 from Accel Partners. His investments have included Klout, Inspirato, Level Money, Path and Zaarly.

Chien declined to comment on his future plans.

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Dan Primack
Dan Primack
Senior Editor, Fortune

Dan Primack joined Fortune.com in September 2010 to cover deals and dealmakers, from Wall Street to Sand Hill Road. Previously, Dan was an editor-at-large with Thomson Reuters, where he launched both peHUB.com and the peHUB Wire email service. In a past journalistic life, Dan ran a community paper in Roxbury, Massachusetts. He currently lives just outside of Boston.

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