You don't want someone who's been doing it so long such that they're already the most senior person at their firm Or they're toward the end of their career if you're gonna recruit him in and make him equal partner You want to have like 20 years of running room left in that person's career. So that scopes you in super narrowly to like you need someone who's probably like 30 and like the best 30 year old venture investor Yes currently on the field. There is one very obvious very large person who fits in that very small box Oh, and you need him to be over 6 5 in a white man Yes, right They all did fit that characteristic early on but are fortunately
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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