In 1996 Khosla backed Juniper to bet on TCP/IP for the public internet against universal expert consensus (telcos and Cisco's CTO insisted on ATM and refused TCP/IP above 155 Mbps), because the data showed TCP/IP usage climbing exponentially near the knee of the curve — the bet returned $7 billion on a $3 million investment (~2,500x).
factualpending
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Vinod KhoslaEvidence Quote
“I looked at the data. TCPIP usage had been climbing and I said this will scale and every expert is wrong in the field.”
Created: 6/18/2026, 2:32:03 PM
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