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Benchmark Part I
Acquired
Benchmark Playbook Discussion
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.
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