Pierre Lamond
Pierre R Lamond (born September 12, 1930) is a venture capitalist in Silicon Valley who has specialized in semiconductors, systems and cleantech. He was a partner at Sequoia Capital based in Menlo Park, California, from 1981 until he left to join Vinod Khosla's Khosla Ventures as General Partner in March 2009.[1] He left Khosla Ventures in 2014 and joined Eclipse Ventures as a Partner in 2015.[2]
Career
[edit]"Typically our style of investment is to invest early. First, we try to identify potentially profitable sectors of the market before everyone else does. At that point, we can get involved in the seed and first financing rounds, become active at the board level and participate in establishing strategy and start recruiting a management team."
—Lamond in 1999.[3]
Lamond was born in France and studied Electrical Engineering at the University of Toulouse as an undergraduate, where he also received a master's degree in Physics. He then gained another master's degree in Electrical Engineering from Northeastern University.
His first job was an engineer with Transitron Electronics in 1957.[4] In January 1962, he joined Gordon Moore's Fairchild Semiconductor, before he left in 1967 to run the company's spin-off, National Semiconductor, with Charles E. Sporck and Bob Widlar.[4][5]: 259 At National Semiconductor they made the-then bold move of assembling all their semiconductor components outside the US, in Hong Kong and Singapore.[5]: 272
He has also been an executive at Coherent Radiation, where he was CEO until January 1976, and Advent Corp., a home-entertainment equipment company, where he was CEO from March 1976 until May 1977.[6][7][8]
During his tenure at Sequoia Capital, Lamond was chairman at Cypress Semiconductor, Microchip Semiconductor, Vitesse Semiconductor, Redback Networks, Plumtree Software, Verisity and a Director of a number of other companies.[9] While at Sequoia he acted as a mentor for the founders of YouTube.[10] Despite being an early investor in several social network startups, he said in 2007 that "We're in Web 2.0 bubble in my opinion."[11] In 2009, Sequoia acrimoniously split with Lamond after he had made personal investments from his family office and referred deals to his son.[12][13]
He is a past president of the Western Association of Venture Capitalists. He had intended to retire in 2009, but instead joined Khosla, who specialise in energy-related companies, after being impressed with their focus on investing in research-based ventures.[1][14] At Khosla Ventures, Lamond was on the Board of Seeo, Soladigm, Cogenra, Seamicro (sold to AMD), Point Source Power, Skybox. In 2015, Lamond joined Lior Susan, who was to lead Formation 8's hardware fund before the firm's split.[15][16] Instead they founded Eclipse Ventures where he is currently Partner Emeritus. At Eclipse, Lamond is on the Boards of Light Lab, Kindred, Diassess, Cerebras, Flex Logix, Visible,[17] and Oxide Computer Company.
Personal life
[edit]Lamond is married. His son David is President of Lamond Capital Partners. Lamond has two other children, Patricia and Philip.[18]
References
[edit]- ^ a b Marshall, Matt (3 March 2009). "Pierre Lamond, the VC who scared the YouTube guys, joins Khosla". VentureBeat. Retrieved 8 January 2011.
- ^ https://www.linkedin.com/in/pierrelamond/ [self-published source]
- ^ Dubow, Charles (21 April 1999). "Turning acorns into trees". Forbes. Retrieved 8 January 2011.
- ^ a b Lojek, Bo (2007). "National Semiconductor — A New Type of Semiconductor Company". History of Semiconductor Engineering. Springer. pp. 291–316. doi:10.1007/978-3-540-34258-8_10. ISBN 978-3-540-34257-1.
- ^ a b Lécuyer, Christophe (2006). Making Silicon Valley: innovation and the growth of high tech, 1930-1970. MIT Press. ISBN 0-262-12281-2.
- ^ Miller, Claire Cain (3 March 2009). "Khosla Ventures Goes Retro for New Blood". Bits. New York Times. Retrieved 8 January 2011.
- ^ "Pierre Lamond Resigns Coherent Radiation Posts". Wall Street Journal. 30 January 1976. Archived from the original on November 5, 2012. Retrieved 8 January 2011.
- ^ Gumpert, David (18 May 1977). "Advent's President Yields Reins; Duties Assumed by Chairman". Wall Street Journal. Archived from the original on July 14, 2012. Retrieved 8 January 2011.
- ^ Pasiuk, Laurie (2005). Vault guide to the top tech employers. Vault Inc. p. 88. ISBN 9781581313390.
- ^ Cloud, John (16 December 2006). "The Gurus of YouTube". Time. Archived from the original on February 7, 2007. Retrieved 8 January 2011.
- ^ Needle, David (4 May 2007). "Pitfalls Ahead for Social Networks?". Internetnews.com. Retrieved 8 January 2011.
- ^ Marshall, Matt (13 December 2006). "YouTube and Sequoia Capital's family ties". Buyouts. Retrieved 26 October 2022.
- ^ Meikle, Brad (9 March 2009). "Lamond leaves Sequoia in unfriendly spilt". Buyouts. Retrieved 26 October 2022.
- ^ Buckman, Rebecca (3 March 2009). "Sequoia Partner Joins Khosla Ventures". Forbes. Retrieved 8 January 2011.
- ^ Lawler, Ryan (6 January 2015). "Formation 8 Hires Flextronics Exec Lior Susan To Lead Hardware Investments". TechCrunch. Retrieved 26 October 2022.
- ^ Primack, Dan (10 November 2015). "What Caused Formation 8 To Split, and What Comes Next?". Fortune. Retrieved 26 October 2022.
- ^ "Pierre Lamond Joins Flex Logix's Board of Directors". Yahoo Finance. Retrieved 27 August 2016.
- ^ Marshall, Matt (13 December 2006). "YouTube and Sequoia Capital's family ties". VentureBeat. Retrieved 8 January 2011.