Even so, Jurvetson has one early win: In May portfolio company Coatue was acquired by a major computer chip maker.

FORBES: Mr. Nanotech

Coatue, which has been working on conductive organic polymers for memory chips, has had major support from Sunnyvale microprocessor maker AMD.

FORBES: Mr. Nanotech

Coatue Management LLC, a New York-based hedge fund whose founder once worked for Mr. Robertson, last year opened a Silicon Valley office.

WSJ: New Money Ventures to Silicon Valley