Kp Was the Best Venture Firm at the Time

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market fit was a lot less organic and quite frankly a lot less real because you didn't get this immediate signal of users finding your product. True product market fit ended up being like an equal peer to your biz dev prowess unlike today. Theoretically everyone will benefit from it by being a part of the kabal so of course kp was unquestioned.

Benchmark Capital. We tell the tale of the legendary equal partnership that accomplished something no other venture firm can claim: twice it has produced the highest returning fund of its cycle, each time with a 100% different GP lineup. If ever there were a playbook for successful generational transfer of a generational-defining venture firm, this is it. We spend 3.5+ hours digging into how the dotcom “eBay eBoys” transformed into the rockstar Fab Four of the Uber, Instagram and Snap mobile gold rush (spoiler: not by a straight line!), and what the future holds for Benchmark’s next GP generation. If you’re a student of the venture game from any angle — founder, GP, LP, etc — this is a story you need to tune in for!

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