Acquired

Benchmark Part II: The Dinner

Oct 17, 2022

01:58:42

Creator website

Highlights

AI Chapters

Episode notes

Gut-Driven Decision Making and the Importance of Preparation

01:20

The Dinner Tradition at Benchmark

02:36

Meaningful Introduction and Truth Seeking in the Diligence Process

01:13

Transformative Impact of Support and Commitment

01:16

Introduction

2min

The Fundrise Innovation Fund

3min

The Acquired 2022 Dinner

2min

Venture Firms Are Full of Strategies That Aren't Coupled to Reality

3min

Benchmark - The Table

2min

Benchmark Venture Capitalists - No Pre-Selling a Deal

2min

Do You Have a Memo That Forces You Into Clarity of Thought?

2min

What's Your First Monday?

2min

Are You Working Together as a Team?

2min

10.

What's the Psychology of a Partnership?

2min

11.

Don't Fuck It Up

2min

12.

How Do You Maintain Standards of Excellence?

2min

13.

The Last Man Standing - I Will Not Give to the Firm More Than I Take

2min

14.

The Official Relationship Is Their LPs With Us

2min

15.

Chathan, What Are Some Examples of the Hard Work?

2min

16.

I'm in the Service of Entrepreneurs. It's Your Company

2min

17.

The Conversation Changed the Tenor of the Conversation

2min

18.

Partnering With the Founders

2min

19.

Venture Capital Partners - When Do You Have to Balance Those Things?

2min

20.

How to Fix a Partner's Pathologies

2min

21.

Docker and Benchmark Insights

2min

22.

Founders Can't Un-Follow a Company.

2min

23.

Staying Focused on Early Stage, Not Having a Growth Fund

2min

24.

What Do You Love Doing?

3min

25.

Investing in Venture Capital

2min

26.

What's the Focus of a Growth Fund?

2min

27.

The Golden Goose Is Getting Worse

2min

28.

The Cash and Cash Multiple Is a Real Problem for LP's

2min

29.

I'm Happy to Pay the Fees

2min

30.

You're Happy to Pay the Fees and Carry

2min

31.

Is There a Conflict in a Future Round?

2min

32.

Strategy Is All About Making Trade-Offs

2min

33.

Is There a Limitation in the Seed Investing?

2min

34.

Investing in Vertical Systems - I'm So Glad We Met

1min

35.

Pilot.com Slash Acquired - The Worst Option for Startups

2min

36.

Pilot Is a Fintech Company.

2min

37.

You Do as Much Diligence as You Need to Get Conviction

2min

38.

Getting Connections and Introductions From the Fundraising Process

2min

39.

The Process of Getting Conviction on the Board Member

2min

40.

Is It a Balls Business or a Brains Business?

2min

41.

What's the Best Board Member Ever?

2min

42.

Investing in a Consumer Enterprise Market

3min

43.

Web VAN Is a Good Venture Investment

2min

44.

Portfolio Review

2min

45.

Do We Have Each Other to Share?

2min

46.

Is There a Limit to Capital and Partnership?

2min

47.

Can We Decouple?

2min

48.

The Next Machine Is Such a Gift to Humanity

2min

49.

I've Lost Track. I Don't Think Peter Loses Track.

2min

50.

What Does That Say About Benchmark?

2min

51.

Are You Getting Close to Benchmark?

2min

52.

Are You Obsessing With Jathan?

2min

53.

The Entrepreneur's Lead the Way and the Market's Leading the Way

2min

54.

Is Your Next Partner Going to Have a Background of Relevance?

2min

55.

Is There a Great Venture Capitalist?

2min

56.

Founders and Entrepreneurs - What's the Magic?

2min

57.

Do You Have a Clock in Your Wall?

2min

58.

What's the Purpose of the Principal Program?

2min

59.

Is It True Consistency or Force?

2min

60.

EIRs

2min

61.

What Did We Get Wrong on the Episode?

2min

62.

You've Captured the Essential Primitives of the Firm

2min

63.

The Aquired Slack Podcast - Elon at Twitter

2min

64.

LP Show

2min

We sit down with all five current Benchmark GPs for one of their legendary weekly dinners, during which we ask all of the unresolved burning questions from Part 1. How do THEY think about Benchmark v3? What are their day-to-day emotions trying to keep the equal partnership “bending toward greatness? Why is there no growth fund? What does it take to become the next Benchmark GP? Why is there a secret Principal program? We cover all these and much, much more. We also recorded the whole thing on video — which we highly recommend watching even if you normally only listen to the audio feed!

Links:

Please take our 2022 Acquired Survey if you have a minute. It'd mean the world to us!
Dad hats are live in the Acquired Merch Store!

Sponsors:

ServiceNow: https://bit.ly/acqsnaiagents
Huntress: https://bit.ly/acqhuntress
Vanta: https://bit.ly/acquiredvanta

More Acquired!:

Get email updates with hints on next episode and follow-ups from recent episodes
Join the Slack
Subscribe to ACQ2
Merch Store!

‍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.

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Acquired

Benchmark Part II: The Dinner

Gut-Driven Decision Making and the Importance of Preparation

The Dinner Tradition at Benchmark

Meaningful Introduction and Truth Seeking in the Diligence Process

Transformative Impact of Support and Commitment

Get the Snipdpodcast app

AI-poweredpodcast player

Discoverhighlights

Save anymoment

Share& Export

AI-poweredpodcast player

Discoverhighlights

Get the Snipd
podcast app

AI-powered
podcast player

Discover
highlights

Save any
moment

Share
& Export

AI-powered
podcast player

Discover
highlights