Charles Richard "Dick" Kramlich, a notable figure in the venture capital landscape and cofounder of New Enterprise Associates (NEA), died at 89. He was instrumental in investing in major tech companies, including being among the first to invest in Apple. Under his leadership, NEA grew to control nearly $26 billion in assets, fostering innovation through his visionary insights and support for entrepreneurs. Kramlich launched Green Bay Ventures in 2017 to focus on early-stage startups, leaving a lasting legacy celebrated by colleagues and partners.
"Our industry has lost a legend, and we have lost a cherished friend... He was a true champion for entrepreneurs, and that long-term perspective combined with his stalwart conviction was integral to the success of many of his investments."
"He led investments in seminal companies like Juniper Networks, Macromedia, Ascend Communications, Immunex, Xoom... the true magnitude of his impact is rooted in his visionary leadership, his relentless curiosity, and his hallmark tenacity."
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