Moving $1oo million to iPhone apps in addition to other mobile tech investments (which the article doesn't mention) is an internet play.
Web surfing on cell phones - now, that's different. That's why Kleiner recently created a $100 million "iFund" for backing startups building products for Apple's iPhone and other mobile devices.
"Mobile is an enormously important new opportunity," says Doerr. "We think it's the next computing platform and will rival the personal computer."
Which is great, because everything I do is for the mobile.
http://money.cnn.com/2008/07/08/technology/Kleiner_bets_the_...