ebay is growing 10 percent a month So check fast growth company. It's profitable All of these checks that are getting mailed in like it is generating cash and growing so Why would you get acquired? Why would you not keep running this thing? Well, it was actually a pretty compelling offer. The reason you would get acquired is they offer pia and jeff 50 million dollars five zero million dollars and that's a thing you would think about taking especially at this moment in time I mean, that's like a lot of money right,. You know exits quote-unquote didn't often happen for that size Let alone exits of like a two-person company that was like was barely a company
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!
If you want more Acquired, you can follow our public LP Show feed here in the podcast player of your choice (including Spotify!).
Sponsors:
Statsig: https://bit.ly/acquiredstatsig24
Vanta: https://bit.ly/acquiredvanta
Crusoe: https://bit.ly/acquiredcrusoe
Links:
Carve Outs:
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.