Are We Cutting Off Our Nose to Despite Our Face?

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There's an opportunity to raise a lot more money. Should we do that? 85 million was kind of a small fund So for the five partners There's a lot of debate about what to do now like it's not clear what to do. I mean a they don't have to do anything As we talked about but they're all committed. They want to do something And some of them say hey, are we actually cutting off our nose to spite our face by not hiring associates and junior partners here?"

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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