Mary Meeker swings for more than $1 bln for Bond

Revered venture capitalist Mary Meeker is seeking to raise $1.25 billion on a hard cap of $1.5 billion for a debut fund for her new venture capital firm, Bond, according to a report from Axios.

Last September, Recode broke the news that Meeker was leaving Kleiner Perkins Caufield & Byers,to start her own firm. (Meeker is still listed as a general partner on KP’s website.) It was also reported that three others from Kleiner Perkins — Juliet de Baubigny, Noah Knauf and Mood Rowghani  would join Meeker at her new firm.

Once dubbed the “Queen of the Net” for her bullish outlook on Internet stocks, Meeker previously worked at Morgan Stanley where she had been a managing director.

While at Kleiner Perkins, Meeker led investments in a host of successful companies, including Airbnb, Facebook, Houzz, LegalZoom, Slack and Twitter. She ranked No. 6 on Forbes’ Midas List of top tech investors in 2018.