The Biggest Problem Is the Target of People Who Want to Work With You

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Post-ebay late 98 early 99 the ipo has happened distributions are being planned underway. Everybody just made hundreds of millions of dollars Like what now why are we raising from lp's again? They all do recommit You know nobody raises their hand and says, you know what? I can't go 100% anymore. Even despite all that the game just got way harder for them Because they went from the people painting the targets on the back of jondor and other people to now The ones with the targets on their backs.

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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‍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.