Top 5 in Cachet in no particular are probably Benchmark, Andreessen, Sequoia, Greylock, Accel. KP comes after them. It used to be number one. Not anymore. There are so many angels, good old/new VCs (YC, LightSpeed, FirstRound, Union Square, SocialCapital etc) that calling out KP for prestige doesn't make sense anymore.

Getting funded by KP now means => You raised money from a good VC firm. Nothing more. Years ago, it was more like - "Wow, you guys raised money from KP? You must me special"

So what's the effective difference between raising money with KP and someone you have more respect for? Connections? Mentors?

Means that even if the company completely fails, preferred stock will be paid to some extent, eg. Meebo, Slide, Loopt, etc

Wouldn't Founders Fund $ signal better than Accel money?

Would throw NEA in there too.

Bessemer, GV, Balderton too.

One of those does not belong.