From Dan Gillmor
The announcement that Colin Powell, former secretary of state and military bigwig, is joining a venture capital firm here in Silicon Valley — and not just any firm, but the alpha operation Kleiner Perkins Caulfield & Byers — is both fascinating and less important than it sounds. Big law firms collect and stack up top former government officials like cord wood. Why not VC firms, which have more money to offer?
[Dan Gillmor]