Benchmark Venture Capitalists - No Pre-Selling a Deal

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Venture capitalist Bruce Dunlevey once said, "Our one rule was no pre-selling a deal" That's because the memo really is a vehicle to obviously give background on a company. But it is also a little bit a pre-sell before the company comes in to present. It's persuasion.

We sit down with all five current Benchmark GPs for one of their legendary weekly dinners, during which we ask all of the unresolved burning questions from Part 1. How do THEY think about Benchmark v3? What are their day-to-day emotions trying to keep the equal partnership “bending toward greatness? Why is there no growth fund? What does it take to become the next Benchmark GP? Why is there a secret Principal program? We cover all these and much, much more. We also recorded the whole thing on video — which we highly recommend watching even if you normally only listen to the audio feed!

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‍Note: Acquired hosts and guests may hold assets discussed in this episode. This podcast is not investment advice, and is intended for informational and entertainment purposes only. You should do your own research and make your own independent decisions when considering any financial transactions.