The Importance of an Equal Partnership

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An equal partnership both means that each of the partners in a given fund have equal carry but also all of the current gps Own the management company without paying for it. If we do a deep dive on it someday, I would be very curious to know How the Kleiner management company transitioned from Kleiner and Perkins and Caulfield and buyers to jon door. It is not common that it is just given Yep So here's bob. This is the milieu we're in And bob in particular, you know, he's quoted in the New York Times talking about this he feels more strongly than anybody About this idea of an equal partnership going forward.

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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