Even the benchmark partners After they invested kept trying to talk him into could we just do food? Do we have to compete with everything amazon is doing right away? And so I think that was the thing that was like always on his mind is Well, if there's a bet that everyone else at the firm is too scared to make maybe i'll make it Yep, he was that guy. Which benchmark totally needed yes, they needed to re-inject that DNA into the firm. Yep. And this deal Is a great deal to make us I alluded to so Here's how the deal goes down and this is not how people remember it Everyone goes wevann ball of flames terrible venture
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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