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The 22-year-old batter became only the fifth uncapped player in IPL history to score over 500 runs in a season
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Apple app investor Kleiner sees ‘frothy’ market
SAN FRANCISCO - Competition among venture capitalists has raised valuations in some start-ups to ‘frothy’ levels, the Kleiner Perkins manager of a fund focused on iPhone application developers said on Monday.
After a slow 2009, there is a rush to invest, which has raised prices of start-up firms and sent Kleiner looking for earlier stage companies, Kleiner Perkins Caufield & Byers Partner Matt Murphy said at the Reuters Global Technology Summit in San Francisco.
Murphy manages the iFund, a $200 million fund that invests in applications for the iPhone and other Apple Inc devices.
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