Why did KPCB establish the iFund™?
KPCB believes that the iPhone, iPod touch, and iPad are fantastic platforms for mobile applications and services, combining a world class development environment, great devices and UI, an advanced customer base, and strong global distribution. This confluence of factors will ignite a wave of mobile internet innovation, generating opportunities on par with or greater than the PC internet. We expect the most innovative mobile companies and entrepreneurs will choose to develop their apps for the iPhone OS platform.