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Don't judge Kleiner Perkins by its crackpot co-founder

January 27, 2014: 12:03 PM ET

Venture capital firm rightly disavows co-founder comments.

Tom Perkins

Tom Perkins

FORTUNE -- As you've almost certainly heard by now, onetime venture capitalist Tom Perkins penned an inane letter to The Wall Street Journal, in which he compared recent "demonization" of America's wealthiest individuals to Nazi Germany's war on Jews. And, to drive the point home, he added: "Kristallnacht was unthinkable in 1930; is its descendent 'progressive' radicalism unthinkable now?"

Just goes to show that any crackpot can get his paranoid delusions published in a reputable newspaper, so long as he once served on its publisher's board of directors.

For our purposes, however, a kudos to the firm Perkins co-founded, Kleiner Perkins Caufield & Byers, for its swift and unambiguous reaction. KPCB tweeted out the following on Saturday afternoon:

Perkins doubled down on his sentiments in a subsequent email exchange with Bloomberg, saying of his former firm's response: "Our philosophies and strategies have drifted so far apart that now my name means little on the door."

KPCB has been subject of numerous media brickbats over the past few years (including some from yours truly), for issues related to both its investment strategy and firm management. Depending on your perspective, most of it either has been deserved or most of it has been overkill by a media that likes to tear down those it first builds up. But no matter your general feelings toward KPCB, the firm in no way deserves to be tarred with the spuriousness sentiments of its co-founder. Hopefully it will not be.

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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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