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In 1986, he joined in Kleiner Perkins, a firm that funded Sun as a general Partner. During this time, Khosla has played key roles in starting companies that are involved in multimedia, semiconductors, video games, Internet software and computer networking. He conceived the idea to optimize SONET for data, a scheme that led to the creation of Cerent Corp, a telecommunications-equipment company which Cisco acquired in 1999 for $6.9 billion. Khosla was also instrumental in launching Juniper Networks, a company many thought as the next Cisco. Others include Viant, Extreme Networks, Lightera etc. This much respected entrepreneur lives in Woodside, CA with his wife and four daughters. Khosla believes in closeness in family. His rules for life include having breakfast and dinner with his family. He is one of three billionaires of Indian origin in Forbes magazine's list of America's richest 400 people
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