There was a conversation leaked about Kevin strategizing over aim with a very strategic advisor about how to position the sale to facebook and of course Who would know mark zuckerberg psychology and what facebook would and wouldn't do better than employee number five at facebook and matt coler? Of course is that confinant. He also has one of my very favorite lines that I before doing this episode had assumed was a truism a venture all along but I now realize What's a specific moment in time truism that something had changed which is he says you know Our job as venture capitalist is not to see the future but to see the present very clearly. That all of a sudden became true at that moment
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.