 McNamee joined T. Rowe Price as an analyst in 1982, after receiving his M.B.A. from the Tuck School of Business.By 1989 he was leading the firm's Science & Technology Fund, a period when the fund returned about 17% annually to investors and, in a move atypical for mutual funds, he made venture capital investments in Electronic Arts (which went public in 1989) and Sybase (which had its IPO in 1991).In 1991 McNamee co-founded Integral Capital Partners with John Powell and venture capital firm Kleiner Perkins to invest in expansion stage private companies and growth-stage public companies.