Last week, we talked with Kindred Ventures, a small, nine-year-old, San Francisco-based early-stage venture firm that, despite investing in a lot of nascent startups — more than 100 to date — takes a generalist approach, investing in AI, climate tech, consumer internet companies, crypto deals, fintech startups, health startups, mobility startups and the outfits developing tools and infrastructure.
It’s a little like trying to boil the ocean. Still, the firm’s two managing directors — Steve Jang and Kanyi Maqubela — have had enough success that Kindred’s investors last year agreed to let them up the ante considerably. After closing a $56 million fund in 2019 and a $101 million fund in 2021, Kindred last year closed a $200 m …
