Getting sued by someone that you've signed a very heavy contract with People talk about it like wow no one will ever do business with them again. There are lawsuits I don't know why everyone made it out to be this big deal of like because silicon valley runs on trusts and love and sun shines If you raise a big debt pool and then you don't use the debt pool for the intended purpose Well, like the lps and the debt pool will sue you for that. You don't have to look very far like adventure capitals cousin private equity right like nobody would bat an eye here Not that I would ever want to be in that situation and not that I would never take any of the first
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.