Pilot.com Slash Acquired - The Worst Option for Startups

2min Snip

00:00

Play full episode

Summary

Transcript

Episode notes

We're widely available and open. We're most times an emphatic yes for somebody who introduced something to us. What we'd love to know is the person who makes the introduction says, wow, I just did a huge favor for the founder. And because the system we built is to do just that. So our biggest risk is that people tell stories. And I think sometimes the stories are propagating their agendas. The vulnerability of the model is that capital always carries its agenda.

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!

If you want more Acquired, you can follow our public LP Show feed here in the podcast player of your choice (including Spotify!).

Links:

Please take our 2022 Acquired Survey if you have a minute. It'd mean the world to us!
Dad hats are live in the Acquired Merch Store!

Sponsors:
Statsig: https://bit.ly/acquiredstatsig24
Vanta: https://bit.ly/acquiredvanta
Crusoe: https://bit.ly/acquiredcrusoe

‍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.