Benchmark Playbook Discussion

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benchmark investors are experimental. They're good at understanding the intrinsic value of something which is why they were holding open table well still public in the terrible whatever that was 2008 9 10. Sure, there are lots of quote-unquote rules for how benchmark works but the main thing that they're good at is breaking them when it makes sense to break them Yep I think we could go on some more playbooks here. We've beat that horse plenty through this episode But like you know if sequoia is the Yankee's benchmark is the all-star team and those are two very different conceptions.

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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