"So, in my experience there's two ways that companies get formed. The first is you identify a clear problem you want to go after and solve. The second is you identify an interesting opportunity space that you want to play in. You are not exactly sure what the problem is in that space and you don't even know what the product looks like, but you just intuitively feel that if you play in that space long enough, good things will happen. And that's exactly what we decided to do with Erly." -- Eric Feng
How do you take innovation off the table and into the market?
Eric Feng is currently the CEO and founder of Erly, a new consumer Internet startup funded by Kleiner Perkins Caufield & Byers (KPCB). Prior to starting Erly, Eric was a partner at KPCB focusing on greentech and digital media investments.
Before joining KPCB, Eric was the founding chief technical officer at Hulu, a joint venture of NBC Universal, News Corp. and The Walt Disney Company. Under Eric's leadership, Hulu.com was recognized as the Associated Press Website of the Year (2008), the PC World Best Product (2008), and the TIME magazine Best Invention (ranked No. 4 in 2008) among other honors. Earlier in his career, Eric’s experiences include leadership roles at Microsoft and founding two startups, Uberworks.com and Mojiti.com, which were both acquired.
Eric earned his B.S. degree in electrical engineering from the University of Texas at Austin and received the IEC Everitt Award as the top graduating engineering student.