Uber Is Getting Mark-to-Market Marks From Benchmark Fund Seven

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Uber hit what a 70 billion dollar? I think valuation 80 on the private markets. Uber is not getting mark-to-market, but you are getting your quarterly marks from benchmark fund seven based on the valuations That uber has achieved which has comp tied to it. The rules of the game have changed and things are very different in Silicon Valley.

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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