Benchmark, every mention
22 scenes (2021), the whole family · ← back to Benchmark
every year 2021 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
20VC: Bill Gurley and Michael Eisenberg on The First Signs of an Impending Bust, What Happens with a Market Crash, How Do Public Markets Impact Private Valuations & The Biggest Lessons from 20 Years Investing in Venture
- ▶ 0:24 Harry Stebbings Bill needs no introduction, but as general partner at Benchmark, 2 times in the scene
- ▶ 17:50 Michael Eisenberg You know, when I was at Benchmark, they used to say that more companies die of indigestion than die of starvation.
- ▶ 22:36 Michael Eisenberg That guides us, which, you know, one of the things I learned at benchmark is that ownership still matters a lot. 2 times in the scene
- ▶ 32:23 Michael Eisenberg And I think it's one of the really powerful things about the benchmark model that we've adopted at Olive as well.
- ▶ 34:42 Harry Stebbings Can I be really bold and ask, when you look at deals that you've lost, which I know are very, very rare in the case of Benchmark, but in the last few deals that you've lost, were there commonalities of why you lost them? 2 times in the scene
- ▶ 44:04 Bill Gurley Andreessen said, we're going to completely, you know, turn the venture industry upside down, and Sequoia and Benchmark have their best ten-year run in a long while. 4 times in the scene
20VC: Breaking News: Ankur Nagpal Raises $70M for Vibe Capital, What The Next Decade For Venture Will Look Like, Do VCs Actually Add Any Value & Pre-Emptive Rounds, When To Take Them and When To Reject Them
- ▶ 16:39 Ankur Nagpal So you can totally have a setup where maybe you have, you know, an Andreessen or a Sequoia or a benchmark or someone who
20VC: Jet.com's Marc Lore on How To Assess Human Potential and "The Resume Test", Why Chief People Officer Should be One of Your First Hires and Why We Need a New Type of Venture Capital
- ▶ 40:13 Harry Stebbings So say Josh at first round, say at seed, and then Peter Fenton at benchmark, and like their value add is very different, and what you need from the A investor when they're thinking about scaling from 10 to 50 versus building products first.
20VC: Why Bundling Does Not Work, How The Best Founders Analyse Unit Economics, Why The Way We Approach Mental Health in Venture and Startups is Wrong with Nigel Morris, Co-Founder & Managing Partner @ QED Investors
- ▶ 40:15 Nigel Morris Well, I love all of the boutique fintech venture firms, so Mickey Malkert, Ribbit's a dear friend, Matt Harris again at Bain, uh, Hans Morris at Nica, I've known for 30 years, and then the mainstream, you know, the really great…
20VC: Greylock's David Sze on His Biggest Lessons Working with Mark Zuckerberg and Reid Hoffman, The Rise of Pre-Emptive Rounds, How To Think Through Price Discipline Today and How Truly Strong Venture Partnerships Function
- ▶ 32:06 Harry Stebbings I do want to ask one more before the quickfire round, and it's just, I actually asked, roll off this at Sequoia and Peter at Benchmark, and it's like, you know, you mentioned Kingmakers there, and there is a certain category of investor,…
20VC: Benchmark's Peter Fenton on The Single Question That Defines The Art of Early Stage Venture, Marketing Timing Risk, Why The Oversupply of Capital Is Good & His Biggest Lessons from 12 Years On The New Relic Board
- ▶ 0:16 Harry Stebbings Now, Peter is a general partner at Benchmark, one of the great venture firms of the last three decades, with a portfolio including the likes of Snap, Twitter, eBay, New Relics, 3 times in the scene
- ▶ 18:28 Peter Fenton But I think in the case of New Relic, where we had a debate in the benchmark partnership was, you know, that classic question of how big does this get?
- ▶ 29:33 Peter Fenton Benchmark won't be around in 50 to 75 years, nor will most of the companies we work with, and that's okay, but we shouldn't attach ourselves to some egoic sense of who we are.
20VC: Nubank CEO David Velez on Scaling Nubank to a $25BN Company, Why What Makes a Great Founder Does Not Make a Great CEO & The Responsibility Framework and How Leaders Can Use It To Drive Efficiency
- ▶ 37:25 Harry Stebbings As always, I so appreciate all your support, and I can't wait to bring you an incredible episode this coming Monday with Peter Fenton at Benchmark.
20VC: NEA's Scott Sandell on SPACS and Why Liquidity is One of the Challenges of our Time, Why We Are At An Inflection Point For Secondaries & Why There Is Nothing To Suggest The Boom Will Not Continue
- ▶ 13:51 Scott Sandell And so a firm like Benchmark would be frankly in real trouble if there wasn't enormous amounts of capital because they only do series A and series B deals and they hope other people are going to come along and carry their companies after…
20VC: Aleph's Michael Eisenberg on Why Generalists Over Specialists, Why Boutique Smaller Firms Over Multi-Stage Firms, Portfolio Construction Theory, Capital Concentration Limits and How To Think Through Reserve Allocations with Market Cycles in Mind?
- ▶ 0:21 Harry Stebbings Prior to founding Elef, Michael spent 15 years as a general partner at Benchmark,
- ▶ 5:31 Michael Eisenberg Then, you know, Bill Gurley and Alex Balkansky and Bruce came calling to join Benchmark Israel, which I did, did that for a while, and my agreement when Benchmark, as Peter Fenton has so famously said, decided to get out of the imperial… 2 times in the scene
- ▶ 5:31 Michael Eisenberg Then, you know, Bill Gurley and Alex Balkansky and Bruce came calling to join Benchmark Israel, which I did, did that for a while, and my agreement when Benchmark, as Peter Fenton has so famously said, decided to get out of the imperial…
- ▶ 10:11 Michael Eisenberg The second part of this is it informs our investment strategy in general at Olive, which is a lot along the lines of benchmark, which is we like to work with partners.
- ▶ 23:05 Michael Eisenberg And so what benchmark taught me over time was if you want to be a company builder, you need to stay small.
- ▶ 27:00 Michael Eisenberg My benchmark partner, Peter Fenton used to be firmly of the view.
20VC: Bill Gurley and Howard Marks: What Happened In 2020? What Can We Expect Looking Forward to 2021?
- ▶ 0:29 Harry Stebbings High yield bonds, and convertible securities, and joining Howard, who better to have than the one and only Bill Gurley, general partner at Benchmark, one of the most successful funds of the last decade, with a portfolio including the likes… 2 times in the scene