Khosla’s Venture Capital Success Blossomed From Computer Founding

VC titan Vinod Khosla ($7.7B net worth) is #2 among Asian Americans. His early bets on OpenAI & DoorDash powered Khosla Ventures’ $15B AUM. Still funding future at 70.

Vinod Khosla is widely considered the second most successful Asian American venture capitalist, with a $7.7 billion net worth acquired mainly through successful investments by his Khosla Ventures.

He founded his Menlo Park-based namesake firm in 2004 to focus on early-stage companies.  Khosla’s success owes partly to his willingness to consider promising startups in a wide range of sectors including artificial intelligence, biomedicine, and robotics.  His most prominent early investments include OpenAI, DoorDash, Instacart, Affirm, and Impossible Foods.

A keen eye for spotting entrepreneurs with transformative visions helped grow Khosla Ventures’ Assets Under Management to $15 Billion.   At age 70 Khosla still retains a healthy appetite for betting on the future.  In February 2025 the firm sought capital for three new venture funds totaling $3.5 billion.  Half of that will be invested in Khosla’s ninth core venture fund, while $1.1 billion is slated for late-stage startups and $650 million for seed-stage projects.

The foundation for Khosla’s venture capital career was laid by his big early success as an entrepreneur.  In 1982 he co-founded Sun Microsystems to pioneer open systems and commercial RISC processors.  The company was acquired in 2010 by Oracle for $7.4 billion. Khosla earned a bachelor’s degree in electrical engineering from the Indian Institute of Technology Delhi in 1976, followed by a master’s in biomedical engineering from Carnegie Mellon University in 1978, and a 1980 MBA from Stanford.

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