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MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

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Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'Sadly,' it makes the world a worse place

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Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster
FinanceVenture Capital

Silicon Valley icon Pierre Lamond leaves Khosla Ventures

By
Dan Primack
Dan Primack
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By
Dan Primack
Dan Primack
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June 24, 2014, 3:33 PM ET
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Khosla Ventures is looking to raise $1 billion for a new fund, but it’s doing so without Pierre Lamond on board.

Lamond, who joined Khosla Ventures in 2009 after nearly three decades with Sequoia Capital, is not listed as one of four general partners on a new regulatory filing that details the fundraise. He also has been entirely scrubbed from the firm’s website, although he remains a board member with portfolio companies Alveo, Avogy, Heartvista and Ultora. He also is a board member with Skybox Imaging, which just agreed to be acquired by Google (GOOG) for $500 million.

In a phone call, Lamond tells me that he also wasn’t a general partner on the last fund Khosla Ventures raised (in 2011), and that late last year he told the firm that he wanted to get out entirely.

“I’m not retired, but I didn’t want to make a long-term commitment,” Lamond explains. “I’m still making some small investments on the side, mostly in startups… and may become an advisor to one or two firms.”

Lamond began his career in 1957 as an engineer with Transitron Electronics, one of the first high-tech companies in the Route 128 corridor outside of Boston. He soon would head west to join Fairchild Semiconductor, before leaving to help lead National Semiconductor. He joined Sequoia Capital in 1981, where his deals included Cypress Semiconductor (CY), Microchip Semiconductor, Vitesse Semiconductor (VTSS) and Redback Networks. He also stepped in to lead engineering on a temporary basis at Cisco Systems (CSCO), and mentored the YouTube founders.

He left Sequoia in 2009 to join Khosla Ventures, and served as a general partner on the firm’s third fund (raised in 2010).

Sign up for Dan Primack’s daily email newsletter on deals and deal-makers: GetTermSheet.com

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