Frank Caufield has been active in the venture capital field since the early 1970s. He is a Co-Founder of Kleiner, Perkins, Caufield, & Byers. KPCB is one of the largest and most prominent venture capital firms in the U.S. Since 1978, it has invested in over 250 companies which today have revenues of over $150 billion and employ over 300,000 people. Mr. Caufield has served on the board of Quantum Corporation, Caremark Inc., AOL, Inc., Megabios, Verifone Inc., Wyse Technology, Quickturn Corporation, and Time Warner, as well as many other private and public companies. He also serves as a director of The U.S. Russia Investment Fund, Refugees International, and is a member of the Council on Foreign Relations, and serves as Chairman of the Child Abuse Prevention Society of San Francisco. Prior to the formation of KPCB, Mr. Caufield was a General Partner and Manager of Oak Grove Ventures, a venture capital partnership located in Menlo Park, California. He is a past president of both the Western Association of Venture Capitalists and the National Venture Capital Association. Mr. Caufield is a graduate of the United States Military Academy and holds an MBA from the Harvard Business School.