While the pandemic fund is too new to have a real record, Mr. Doerr said the Java fund has generated "absolutely outstanding returns," though he declined to provide specific numbers. "We have very high expectations for this iFund" he added. Kleiner's Mr. Murphy said some of the mobile-Internet businesses that could interest the new iPhone fund relate to social networking, mobile commerce, electronic games and programs that help people locate nearby services. Full Article at Wall Street Journal