iPhone News - Incestuous iFund funding for iPhone App Development? news - Tue May 27, 2008 2:17 pm Post subject: Incestuous iFund funding for iPhone App Development?
Hmmm... Well, this is rather scandalous. It seems that both the named companies to receive iFund funds for iPhone application development thus far (out of over 1700 applicants) have deep ties to Kleiner Perkins Caufield & Byers, the group overseeing the fund, with one in particular, iControl, even having a KPCB partner on its board...