Benchmark, every mention
469 scenes, the whole family · ← back to Benchmark
every year anyone Harry Stebbings 419Shervin Pishevar 23Jason Lemkin 20Rory O'Driscoll 19Michael Eisenberg 17Mitchell Green 15Everett Randle 11Eric Vishria 10Miles Grimshaw 9Mike Maples 8
Verbatim, from the transcripts: the passages where Benchmark comes up
Jensen Huang Declares AGI Has Arrived | Tesla Launches Cybercabs | Index Pulls Out of Town
- ▶ 9:30 Harry Stebbings And actually the cadence of shipping combined with index benchmark and having one of the best brands in the space.
- ▶ 47:50 Harry Stebbings We've spoken about instinct being the AI assistant that's raised from index and benchmark.
NVIDIA Crushes Quarter | OpenAI Cuts Off Cursor | Instinct Hits $2.5B Valuation
- ▶ 35:03 Harry Stebbings And I think it was benchmark who co led that round.
- ▶ 51:42 Harry Stebbings And when you have Benchmark and Sequoia, great talent wants to join you. 2 times in the scene
The AI Bubble WILL Burst | Should we be fearful of Chinese Open-Source | Jerry Murdock
- ▶ 1:07:36 Jerry Murdock I think, um, Benchmark, while they missed Anthropic and OpenAI, they've done amazing with, you know, Factory and a bunch of other great ones that we've talked about. 2 times in the scene
The AI Boom Will Create Enormous Roadkill: Who Wins & Loses? | David Frankel
- ▶ 23:57 Harry Stebbings Like, every single constrained fund, including Benchmark, historically the, uh, central figure and discipline in venture has raised a, what, a billion dollar, a billion and a half growth fund?
Jensen's Open-Weights Letter | Google Cloud Grows 82% But The Market Tanks
- ▶ 49:56 Rory O'Driscoll But going back to the thing, just a comment, the other fun fact, I mean, you just got to note the fun fact, which is Benchmark's best fund, one of the, I shouldn't say the best fund because actually the eBay fund was the best fund in the… 5 times in the scene
Will Open-Source Threaten Anthropic's Business & Do Margins Matter in a World of AI | Matt Murphy
- ▶ 38:06 Harry Stebbings And I think this will be the worst performing category of venture in this vintage because firms like you and Founders Fund and Benchmark and Sequoia and Excel, and the list goes on and on, are so effective with a very good seed product… 2 times in the scene
- ▶ 1:00:05 Matt Murphy Uh, you know, I mean, series a, um, you know, benchmark I've worked with, uh,
Zuckerberg Back on X Challenging Codex & Claude Code | SK Hynix’s $26BN IPO · 20VC with Harry Stebbings
- ▶ 1:23:32 Jason Lemkin Benchmark has a flat partnership.
Enterprises Fear Frontier Models | Sam Altman Offers Trump 5% of OpenAI | DeepSeek Builds Own Chips · 20VC with Harry Stebbings
- ▶ 1:17:41 unnamed speaker It's like in, in a way it kind of reminded me of Jack Altman, um, raising a massive amount for a solo GP fund and joining Benchmark. 2 times in the scene
Coinbase Cuts AI Spend by 50% | Kalshi's $40B Valuation & Impending IPO | The Year for SaaS Roll-Ups · 20VC with Harry Stebbings
- ▶ 1:04:55 Jason Lemkin I do this thing where I built an AI pitch deck generator that uses all the benchmarks from Iconic and Benchmark.
How We Got Fred Wilson, Benchmark and Index to Invest $94M | Why Robinhood's Strategy is Wrong · 20VC with Harry Stebbings
- ▶ 14:14 Harry Stebbings How does benchmark come into the fray?
- ▶ 16:38 Paul Erlang And then when benchmark kind of came around, we were more open to the idea to take money to protect the downside. 4 times in the scene
- ▶ 18:23 Harry Stebbings Did benchmark offer the highest price? 6 times in the scene
- ▶ 21:18 Harry Stebbings So we raised this round from benchmark, right?
- ▶ 40:34 Paul Erlang I think Benchmark doesn't really have as many resources.
DeepSeek Raises at $50B | The Rise of Open Source vs OpenAI & Anthropic | OpenAI Builds Own Chip · 20VC with Harry Stebbings
- ▶ 1:27:48 unnamed speaker Well, I thought the guy from benchmark was pretty good.
Anthropic's Fable Banned by US Government | Wix & Adobe Hit All-Time Lows | Mistral Raising at $20BN · 20VC with Harry Stebbings
- ▶ 0:47 Everett Randle There's a partner here at Benchmark that says any liquidity for pre-AI SaaS companies is top decile performance.
- ▶ 2:03 unnamed speaker You know, Ev's old, um, benchmark partner, Bill Gurley, like, you know, is there a number above which Elon gets into trouble with Bill for leaving money on the table? 2 times in the scene
- ▶ 33:12 Everett Randle And so the really, really good thing for, I think, all the frontier labs and just the inference market in general, companies like ours, like Fireworks that run inference platforms for, for their enterprise customers on open models, all of… 2 times in the scene
- ▶ 45:28 Harry Stebbings I have a direct question, and the latest benchmark fund is going to be the, I think, one of the best benchmark funds in history. 2 times in the scene
- ▶ 51:12 Everett Randle There's a partner here at Benchmark that says any liquidity for pre-AI SaaS companies
- ▶ 1:05:58 unnamed speaker We got a value investor at Benchrite.
- ▶ 1:18:34 Harry Stebbings Av, do Benchmark have a robotics investment?
SpaceX Launches Largest Ever IPO | OpenAI Files to Go Public | Uber Cuts 23% of HR · 20VC with Harry Stebbings
- ▶ 33:25 unnamed speaker That one, that one, I think, I think the folks that hate benchmark from Uber, I think they deserve to hate benchmark. 2 times in the scene
Mercor CEO: Why Application Layer Companies Have No Moat & The Cost of Hiring AI Researchers · 20VC with Harry Stebbings
- ▶ 28:44 Brendan Foody And so Peter took us on the helicopter flight, and then Benchmark really wanted to work with us.
OpenAI & SpaceX S1 Drops | Layoffs at Cloudflare & ClickUp | OpenRouter & Polsia Raise Mega Rounds · 20VC with Harry Stebbings
- ▶ 1:10:55 unnamed speaker We, someone, someone bit higher and they won the deal, and great name too, Benchmark, 3 times in the scene
Anthropic Buys Compute From Elon & Commits $200BN to Google | Cerebras IPO | Ramp Raises at $40BN · 20VC with Harry Stebbings
- ▶ 53:25 Harry Stebbings The nuts achievement, sorry, Jason, is the 20, ah, what is it, sorry, they have 20% ownership, sorry, benchmark. 3 times in the scene
Anthropic Raises $45B but Falls Short on Compute & Thoma Bravo Hand Back Medallia Keys to Creditors · 20VC with Harry Stebbings
- ▶ 35:16 Jason Lemkin Well, Benchmark has their money, all right? 2 times in the scene
Cursor Acquired for $60BN | Anthropic Hits $1TRN in Secondary Markets & Figma, Adobe, Canva Dead? · 20VC with Harry Stebbings
- ▶ 1:33:15 Rory O'Driscoll Credit to Benchmark, Eric.
- ▶ 1:46:50 Harry Stebbings Then they're fighting against benchmark and founders fund and Andreessen and everyone in between.
Jake Paul: Traditional VC is Toast & Attention is More Valuable than Cash · 20VC with Harry Stebbings
- ▶ 16:07 Jeffrey Wu Like, benchmark acquired Jack Altman's podcast, um, you know, A-Six-Z, great media platform.
OpenAI Kills Sora & Hits $100M ARR on Ads | Oura Going Public & Whoop Raises at $10BN · 20VC with Harry Stebbings
- ▶ 56:44 unnamed speaker Benchmark invested. 3 times in the scene
Why Margins Don't Matter for Early-Stage Startups | Gili Raanan · 20VC with Harry Stebbings
- ▶ 2:47 Gili Raanan You know, let's take our, you know, favorite friends from, uh, Sequoia Capital, or, uh, Andreessen Benchmark,
NVIDIA Predicts $1TRN in Revenue: Everything You Need to Know From GTC & Anduril Lands $20B Contract · 20VC with Harry Stebbings
- ▶ 1:00:41 Rory O'Driscoll What it's like in those board meetings and knowing if you're a founder friendly firm, like I would say Benchrock would like themselves to be, you don't do that lightly. 2 times in the scene
Gokul Rajaram: How to Analyse for Durability and Defensibility in a World of AI · 20VC with Harry Stebbings
- ▶ 34:37 Gokul Rajaram Benchmark plays a different game than, than, say, Andreessen Horowitz, but both of them play different games, and both of them do well at their game.
- ▶ 49:24 Gokul Rajaram Even in V work benchmark made money. 2 times in the scene
- ▶ 1:13:04 Gokul Rajaram First on Capital and Benchmark, where I've been, I've been on LP in both, and then Green Oaks. 2 times in the scene
"Cursor is Dead" is Total BS: Here is Why | Miles Clements · 20VC with Harry Stebbings
- ▶ 47:53 Harry Stebbings Like, when you look at, say, a WeWork, Benchmark were fantastically smart to get out of it.
Mitchell Green: Why 50% of VCs Should Not Exist · 20VC with Harry Stebbings
- ▶ 42:56 Mitchell Green I truly think that's why Sequoia and Benchmark are great and Index are great because they help founders and entrepreneurs recruit amazing talent and, and, and people want to work for those funds portfolio companies.
- ▶ 56:52 Mitchell Green You know, I respect people like Benchmark or Index. 4 times in the scene
- ▶ 1:00:51 Mitchell Green A Series A fund would probably be a benchmark.
Anthropic vs The Pentagon: Who Wins? | OpenAI's $110BN Mega Round | Cursor Hits $2BN in ARR · 20VC with Harry Stebbings
- ▶ 1:03:24 Harry Stebbings Um, maybe in my favorite saying that Rory often said about benchmark, reports of my death have been greatly exaggerated.
Citrini Research Breakdown: Agents, "Ghost GDP", Consumer Spend | Figma Earnings Beat · 20VC with Harry Stebbings
- ▶ 1:14:57 Harry Stebbings He made the move to Benchmark. 3 times in the scene
- ▶ 1:20:52 Jason Lemkin And most venture is kind of going to Harry's point of benchmark should be five flat partners.
Insights from Coatue's Growth Investor Lucas Swisher · 20VC with Harry Stebbings
- ▶ 1:00:57 Lucas Swisher I would say Sequoia and Benchmark. 4 times in the scene
Oren Zeev: Why AI Growth Expectations Are BS & Won't Last? Why GPs Shouldn't Tell LPs Their Strategy
Anthropic Inference Costs Skyrocket |TikTok Deal Closes |The IPO Market:Wealthfront & EquipmentShare · 20VC with Harry Stebbings
- ▶ 54:38 Rory O'Driscoll It's harder to be someone like Benchmark, small and brilliant, and manage generational transition, which is why it's awesome that they do it, because the asset is the brains of four or five individual people.
Legora CEO, Max Junestrand: $7M ARR in a Day | Harvey vs Legora: Is a Legal AI Winner Takes All? · 20VC with Harry Stebbings
- ▶ 24:27 Max Junestrand So our first board meeting after we, so to give you some context, um, we were YC, we raised ten million dollars from Benchmark, 3 times in the scene
- ▶ 1:00:23 Harry Stebbings You got benchmark early, which then led to a red point. 6 times in the scene
Elon Musk vs Sam Altman | The Implosion of Thinking Machines | Can VC Survive Public Pricing? · 20VC with Harry Stebbings
- ▶ 1:21:41 Harry Stebbings I think Benchmark have proven that to be wildly wrong.
Anthropic’s $10B Raise | a16z’s $15B Fund: Is the Middle Dead in VC? | How OpenAI Could Go to Zero? · 20VC with Harry Stebbings
Groq’s $20BN NVIDIA Deal | Why Sam Altman Doesn’t Care About Dilution & Invisible Unemployment 2026 · 20VC with Harry Stebbings
- ▶ 17:12 Harry Stebbings So for a benchmark, it was, say, a five X in eight months, um, which is pretty amazing in ARR. 4 times in the scene
- ▶ 18:47 Jason Lemkin I don't think benchmark was pushing for them. 3 times in the scene
- ▶ 27:40 Rory O'Driscoll There are some, one, I mean, first of all, there was this old bullshit chatter 12 months ago, oh, poor benchmark, like all those issues. 2 times in the scene
- ▶ 28:44 Rory O'Driscoll I mean, it's, it's kind of a wonderful situation for both sides is that, you know, benchmark aren't sitting there clutching the nails going, they've got to make it on this deal.
Predictions for 2026: Top Buy & Biggest Short | Why Salesforce Could Win & NVIDIA’s Challenges · 20VC with Harry Stebbings
- ▶ 14:52 Harry Stebbings My series A is benchmark. 3 times in the scene
a16z's David George on the Most Controversial Bet at a16z & Do Margins and Revenue Matter in AI? · 20VC with Harry Stebbings
- ▶ 1:04:22 Harry Stebbings A benchmark, growth, either you or Pat.
20Growth: How Wiz Built a $30BN Brand in Enterprise | What Worked vs What Was a Mega Failure: Lessons Learned | Why Marketers Make the Worst CMOs & What To Look for in Growth with Raaz Herzberg
- ▶ 41:03 Harry Stebbings I will take an example, which is a benchmark selling their position in Uber.
SpaceX Valued at $800BN & Harvey Raises $160M at an $8BN Price & Netflix Acquires Warner Brothers · 20VC with Harry Stebbings
- ▶ 1:28:37 Rory O'Driscoll I think it's very much not a, you know, I think Benchmark did a good job of making it very much
Base44’s Founder, Maor Shlomo on How Vibe Coding Will Kill SaaS · 20VC with Harry Stebbings
- ▶ 39:45 unnamed speaker Going back to the elements on, on margin, I had Ev Randall, who's the new GP at Benchmark, and he said, Harry, Harry, you're thinking about this wrong.
20VC: Max Altman on The New Seed War: Can Anyone Compete with Sequoia and a16z | Leaving $2BN on the Table with Reddit | Lessons from Backing Rippling at $25M Post | Why Climate Tech is a Mirage and Disaster
- ▶ 28:03 Harry Stebbings I'm not in the US, because why the fuck would they take me when you've got Andreessen, or Founders Fund, or Benchmark, who do the large, large kind of first rounds, or any of the great firms with a super low cost of capital, so they're…
- ▶ 1:12:38 Max Altman Like, it's, you know, it's Sequoia and Founders Fund and Benchmark, and they're just these loud, splashy people.
Michael Burry Shorts NVIDIA and Palantir & Has Defensibility Died in a World of AI? · 20VC with Harry Stebbings
- ▶ 5:18 Harry Stebbings Walmart versus Chanel, and the boutiques are your benchmarks, your USVs, your specific products, and I think when you see this splintering of leadership between Alfred, Lynn, and Early,
- ▶ 26:26 Jason Lemkin We should ask the new benchmark guy who's smarter than me.
- ▶ 50:37 Harry Stebbings Which may be the case, in which case, just tell me straight, you think you want Sequoia or Benchmark, in which case, no harm, no foul, but fine.
Benchmark's GP, Everett Randle on Why Mega Funds Will Not Produce Good Returns · 20VC with Harry Stebbings
- ▶ 0:07 Harry Stebbings I'm thrilled to welcome Benchmark's newest partner, Everett Randall. 3 times in the scene
- ▶ 1:44 Harry Stebbings Before we dive into Benchmark, you've worked with some of the best from Peter Thiel, obviously at Founders Fund, Mary Meeker at Bond, Mamoun Hamid, uh, one of my big bros at Kleiner Perkins.
- ▶ 10:56 Harry Stebbings Can I just ask, before we move to benchmark, you mentioned, I love this dude.
- ▶ 32:18 Harry Stebbings How do you at Benchmark think about that? 4 times in the scene
- ▶ 37:46 Harry Stebbings Um, but I did see the article which said about the ownership that Benchmark had in McCall being obviously much less than the traditional, and I think it was about 10%, give or take. 6 times in the scene
- ▶ 41:20 Harry Stebbings And you can take out one of your old partners, Delian, is quite vocal about Benchmark. 3 times in the scene
- ▶ 45:36 Harry Stebbings Um, when we look at benchmark over the years, you know, Fanton did Airtable Series C. 4 times in the scene
- ▶ 48:58 Everett Randle Um, and I was having a moment of insecurity when I was talking to him about, about just the, the, the role of, of being a GP of benchmark and saying like, Hey, you know, like I, I've mostly done growth. 4 times in the scene
- ▶ 58:39 Everett Randle I had benchmark ironically. 3 times in the scene
- ▶ 1:09:16 Harry Stebbings How do you think about your first deal at Benchmark? 3 times in the scene
- ▶ 1:16:37 Harry Stebbings I think Benchmark could invest in Elizabeth Holmes doing Theranos Take Two, and you'd still get LPs queuing out the door, thinking that Fenton has seen something that no one else has seen.
- ▶ 1:19:57 Harry Stebbings Can you take me to the moment where you said in your head, yeah, I'm gonna do benchmark. 4 times in the scene
Is a $4.5BN Exit Enough in VC? & Harvey Raises $150M & Why Google is a Buy and Amazon is a Sell · 20VC with Harry Stebbings
- ▶ 25:30 Harry Stebbings Um, you know, there was, there was a good piece from the information this week about Benchmark lowering their ownership requirements, and McCall being the example. 4 times in the scene
Why VC Today is Worse than 2021 · 20VC with Harry Stebbings
- ▶ 0:53 Harry Stebbings Topic number one, Everett Randall joins Benchmark. 8 times in the scene
- ▶ 6:14 Jason Calacanis No, I, I mean, um, you know, Brian Halligan this morning was, um, quote tweeting benchmark about benchmark one coming up on 20 years and how it was a great vintage and, and wines, uh, great wines age or whatever it was. 2 times in the scene
Thinking Machines Co-Founder Joins Meta for $3.5BN, Industry Venture's $665M Acquisition · 20VC with Harry Stebbings
- ▶ 11:42 unnamed speaker Because, you know, because if you, you can't sell a hundred percent of benchmark, because then you don't have benchmark, because you don't have the five great guys who are doing benchmark, right? 2 times in the scene
OpenAI's Multi-Billion Deal with AMD & Polymarket, Vercel and Supabase Raise Mega Rounds · 20VC with Harry Stebbings
- ▶ 1:12:26 Rory O'Driscoll They got benchmark in.
Mercor CEO & Co-Founder, Brendan Foody: How They Grew from $1M to $500M in 17 Months · 20VC with Harry Stebbings
- ▶ 27:58 Brendan Foody He paid two 50, uh, as the valuation, uh, at our series B and, you know, uh, I'm sure the benchmark partnership thought that was insane at the time that at the series B, uh, when Felicis gave us the term sheet, we were at twenty million in…
BVP Partner, Byron Deeter: The Future of Venture - Why Chanel vs Walmart is BS · 20VC with Harry Stebbings
- ▶ 59:52 Byron Deeter That's the strategy that benchmark, you know, continues to run.
20VC: 15 Term Sheets in 7 Days and Choosing Benchmark | Harvey vs Legora: Who Wins Legal and How to Play When You Have $600M Less Funding | Are AI Models Plateauing Today | Building a 9-9-6 Culture From Stockholm with Max Junestrand
- ▶ 0:21 Harry Stebbings Second, he's raised from the best in the business, including Benchmark and IVP, to name a few.
- ▶ 28:43 Max Junestrand And so by being in YC, we raised money from Benchmark, who we would have not been introduced to if we weren't in YC.
- ▶ 31:58 unnamed speaker No, because I don't think I would have gotten benchmark at a 10% dilution. 4 times in the scene
- ▶ 35:22 Max Junestrand I turned to Redpoint and to Benchmark, and I said, we're not going to sell for the next four months, because if we sell and we start onboarding all these great attorneys, they're not going to have the best experience.
Figma's 250% Pop - The Greatest IPO Mispricing Ever? Meta & Microsoft Blowout Quarters: Broken Down · 20VC with Harry Stebbings
- ▶ 1:23:07 Harry Stebbings Do you not think, though, that benchmarks capping or discipline on fun size is one of the core reasons why maybe they've lost some talent this year when you look at the likes of, say, a Miles or a Victor leaving? 7 times in the scene
Miles Dieffenbach: Inside Carnegie Mellon’s $4BN Endowment & The Math Behind DPI, TVPI, Illiquidity · 20VC with Harry Stebbings
- ▶ 1:23:32 Miles Dieffenbach We want to be a benchmark.
Why Apple Needs a Management Overhaul & Why Google is Catching Up with Hyperscalers · 20VC with Harry Stebbings
- ▶ 0:51 Harry Stebbings We had Victor leaving benchmark and now there's only three partners remaining with obviously Eric, with Chathan and with Peter Fenton. 11 times in the scene
- ▶ 5:01 Jason Lemkin And 20 VCs above the line, but it's not, it doesn't have the storied history of, uh, of benchmark. 7 times in the scene
- ▶ 19:39 unnamed speaker Because you want, which is why benchmark as the quintessential early stage firm internalized, you need to have, um, you know, you, you need to have equality so that anyone can be a premier partner.
How Do All Providers Deal with Anthropic Dependency Risk & Figma IPO Breakdown: Where Does it Price? · 20VC with Harry Stebbings
- ▶ 1:04:09 Rory O'Driscoll You have more good things happen, because even if you're just a frickin index, right, the reality is if you do 30 deals a year and we all end up at roughly the same picking ratio, and we saw that analysis, you know, the benchmark versus…
Figma’s IPO: The Full Breakdown & Why Melio’s $2.5BN Acquisition is “Discouraging” · 20VC with Harry Stebbings
- ▶ 6:20 Jason Lemkin Our, our startups were required almost the same time as Adobe, but he went back from benchmark, right? 2 times in the scene
- ▶ 1:04:49 Harry Stebbings Dude, that, that is the most Thrive Capital benchmark style website I've ever seen.
KKR's Head of European PE, Philipp Freise: Do Andreessen & General Catalyst Scare KKR? · 20VC with Harry Stebbings
- ▶ 21:49 Philipp Freise No, I have incredible respect for the benchmarks and the Harry's and the Daniel X who found those types of opportunities, but you know, you asked me my lessons learned from VenturePark. 2 times in the scene