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Peter Fenton (Partner, Benchmark) on VC and Founder Mindsets, Inflation, and the Current Market State

The Logan Bartlett Show

CHAPTER

The Importance of Culture in Business

I knew I wanted to be in venture at age 24, 25. And so many times in your life, you sublimate what you really want and you then figure out what you actually practically can do. You know, it was a weird thing because people thought, well, he left because of compensation. People don't know that. It's not just because it was a Facebook fund, so it was a huge pay cut. But at the time, it seemed like a pay cut. In hindsight, it was probably a very big pay cut. Yeah,. 5,000 X later.

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