Product Description

The national bestseller now in paperback: the revealing personal memoir from Tom Perkins—renowned venture capitalist, Silicon Valley and biotechnology pioneer, and one of America’s most successful businessmen.

Known for his idiosyncratic ideas and golden touch, Tom Perkins has always been one of the business world’s most intriguing figures. In this insightful memoir, Perkins recalls many fascinating episodes of his life, both personal and professional, including his involvement in the creation of American industries no one could have dreamed of not long ago.

Product Details

• Amazon Sales Rank: #180794 in Books
• Published on: 2008-10-07
• Format: Bargain Price
• Number of items: 1
• Binding: Paperback
• 304 pages

Review
“[Perkins] sews dry humor through tales of yachting triumphs, road rallies in expensive cars, tech start-ups and the boardroom coup he instigated at Hewlett Packard. Looking back without rancor or remorse, [he] has a knack for storytelling that makes him feel like a buddy who never fails to laugh at himself.”
—Time

“A smart, often funny and wholly engaging account of a fabulous and varied life lived on the frontiers of high-tech America. Utterly absorbing from first to last, this is one memoir which is as unique as its author.”
—Richard North Patterson, #1 New York Times bestselling author

About the Author
Tom Perkins co-founded the leading venture-capital firm Kleiner Perkins Caufield & Byers, which started and/or financed some of America’s best-known companies. More recently, he was a key player in all the changes at the top of Hewlett-Packard. He also is the author of Sex and the Single Zillionaire.

Customer Reviews

When the Skeptics Well-Outnumber the Believers
"The skeptics so out numbered the believers that I had stopped listening."

"And never proven in practice with nearly six years of risk-taking on the line."

"The betting was against me."

"They hadn't for a moment truly dared to hope that anyone in the world would take on so much risk. And to this day I believe that I was the only person who would have done so."

"But why not?... I had spent my career managing high-tech high risk; there should be a way to "put the risk up front." The essence of the program I had in mind was testing.... I hoped to have proof of principle in hand before the major flow of money into the build program was underway."

"There was something in his personality that was very assuring. I decided to gamble on his promise. I said yes."

"The agreement proved to benefit all parties. As in any good deal, it had to be fair to all parties."

"In that glance and with just a nod between us, we discarded all the planned slow testing which had been so carefully outlined; we were going for it. "In five minutes, we would know everything."

"And after those minutes the results of five and half of work, and the investment of the national budget of a banana republic, were indeed in: (it) was a stunning success - a stupendous breakthrough. I HAD GAMBLED AND I HAD WON!"

These quotes from the last chapter of "Valley Boy" capture Tom Perkins' thoughts while developing and building the largest private sailboat in the world, the Maltese Falcon. They also capture the essence of Perkins in everything he turned his attention to - creating a venture capital firm that reshaped venture investing, creating venture companies that reshaped or created whole industries, serving on boards of major US and non-US companies, and reshaping the San Francisco Ballet Company into one of the world's top ballet companies.

Perkins, in this very well written and readable autobiography, covers his childhood; his early interest in physics (Mr. Wilson, his high school physics teacher was the first person in Tom's life to pay him any serious attention); his early introduction, while at MIT, to venture capital through Harvard Professor Georges Doriot; the role of David Packard, Hewlett Packard founder as a mentor, and as the father he so desperately needed; the love of his life, wife and Norwegian beauty, Gerd Thune-Ellefsen who died on August 20, 1994 (There really is love at first sight..."To this day I carry a snapshot of Gerd."); the founding of Kleiner Perkins and the KP formula ("We had a more of a hands-on approach than was the mode at the time."); the founding of Tandem Computers and Genentech; his short marriage to and on-going relationship with author Daniel Steele; the most challenging period of my career as he led the search to rebuild the San Francisco Ballet; his love of sailing and design of sailing vessels; and his well-publicized board dispute while on the Board of Hewlett-Packard.

Readers will find "Valley Boy" a great behind the scenes read as the book is loaded with nuggets. Perkins spreads the credit around, is contrite ("...but I failed... probably much of it was my fault."), and introspective (libertarian, impatient, and very, very decisive). There is also plenty of silicon valley history with Perkins talking about the early days, the emergence of several Valley luminaries - Dave Packard & Bill Hewlett, Don Lucas, Bill Davidow, John Young, Jimmy Treybig, Sandy Robertson, Bill Hambrecht, John Doerr, and Brook Byers - and his close relationship with Gene Kleiner.

Perkins epitomizes experience coupled with judgment. He demonstrates a keen desire to learn and never backs away from the experience of something new (he even served as a volunteer fireman while in his 50s!). More importantly, he has developed the important and elusive quality of judgment. With good judgment, little else matters. Without it, nothing else matters. His leadership is, at its marrow, the chronicle of his judgment calls.

"Valley Boy" shows that Perkins has wisely processed and integrated experience, reflection, valid sources of timely information, openness to the unbidden and character. Perkins has shared more than most making this a must read for those who strive to be successful venture investors, entrepreneurs, or want to understand what it takes to create breakthroughs when skeptics well outnumber the believers.

Stories of a Life Well Lived
Don't expect "Valley Boy" to be a full autobiography of Tom Perkins. He seems to be much too private to reveal the most intimate aspects of his life--his wife's death serves only as an introduction to a race he got involved in as a way of dealing with his loss, his children are barely mentioned, and his marriage to and divorce from novelist Danielle Steel is only dealt in a "celebrity interview"--but the stories he does tell are absolutely worth reading.

Writing about his beginnings as "one of American venture capitalist's founding fathers," a race that ended up with him being charged with manslaughter in France, his purchase (and help with the design) of the largest private sailboat in the world, fights at the San Francisco Ballet, or his resignation from Hewlett Packard, Perkins offers his stories with candor and (refreshingly for a man of his power and wealth) a sense of humor about himself. Even if you're not particularly interested in Silicon Valley or sailing, you'll enjoy this book, by a man who has lived a very full life.

Exceptional But Also Uneven
The good parts are great. But there are also slow parts. First of all, this is not a biography although it is a shortened version biography. The first two chapters cover controversial periods of his life where he wants to get his side of the story heard, most notably the HP board spying controversy overwhich he resigned. Once he gets this off his chest there are some exceptional short stories, particularly his career at HP of which I had no idea. Obviously this experience is how he became the wealthy venture capitalist through the invaluable experience in the growth of HP and his close access to Packard and Hewlett as well as the many other Valley stars who were there at the time.

Where this book loses its way or becomes less interesting is when the author branches in to subjects that are diverse and of interest to him but maybe not the reader. For example, his sojurn into writing a cheesy novel which I previously read may not be of interest. Or, a reprinted interview about his short-term second wife, novelist Danielle Steele may not be of interest. Particularly when he insinuates that the interview cannot be believed. One thing is for sure, if you have no interest in sailing, this boat is definitely not for you as that is his passion including a complete chapter on a favorite novelist specializing in Clipper ships who he befriends. This is about 1/3 of the book.

All these sections have their own interest but I cannot overstate the value of his business discussions about HP and subsequently starting the famous venture capital firm which made him incredibly wealthy. this covers about 33% of the book.

There is one part of the book that is not covered sufficiently, the story of his wife of over thirty years who dies of cancer. Yes, it's covered briefly and their story is an incredible love story. But for the most passionate part of his life you would expect more. I would also mention there is a stunning picture confirming her beauty. On another note, there is virtually no mention of his children which I found surprising.

In summary, I do strongly recommend this book as Perkins' business contribution is significant to our national economy as he demonstrates here. Also, it is a very short read easily handled in a long day of plane travel.