[winningcontinue]

A top heavy old partner institutional firm is not a bad thing. The they're usually hands off once you invest and take their money. The problem is they're too conservative with their capital, and only invest in trends that have passed by decades ago to pursue the next big thing. As an entrepeneur in the dining and technology space knows how and where I want to grow my company, I'd rather see my angel investment funders come from the old cohort than the younger firms seeking radical changes.

[mathattack]

In the case of Kleiner, the article puns it on a wrong bet (green energy) rather than being too conservative.