Benchmark, every mention
59 scenes (2024), the whole family · ← back to Benchmark
tap a year for its mentions
every year 2024 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
Torsten Reil, Helsing Founder: Raising $828M to Build the Defence Champion of Europe | E1237 · 20VC with Harry Stebbings
- ▶ 1:01:23 Torsten Reil Natural Motion Benchmark is our, uh, one of our investors, and with Mitch Lasky as our partner, and part of the reason why we eventually took off was also Mitch, and, and, and the way he thought about how big this company could be,
Zachary Bookman: Why Valuations and Fundraising are BS | E1235 · 20VC with Harry Stebbings
- ▶ 12:46 Zachary Bookman I did get an anecdote from a friend who was, he had term sheets from Sequoia and Benchmark, and he was talking to somebody about which one to take.
Klaus Hommels: Why "Portfolios are Merely a Construct to Make LPs Happy"? | E1231 · 20VC with Harry Stebbings
- ▶ 56:33 Klaus Hommels In the valley, and I ended up with Matt Kohler, like a little coincidence, because I was at Benchmark as a VC, and he was with Benchmark, and so that was the established, the connection, 2 times in the scene
- ▶ 1:09:26 Klaus Hommels So I think, um, Mark Evans, who I admire a lot, he was spectacular good at, at benchmark, but afterwards now even better as an angel.
Jason Citron, Co-Founder/CEO @Discord: The Untold Story Behind Scaling to 200M Users | E1230 · 20VC with Harry Stebbings
- ▶ 41:52 Jason Citron Um, so we got a lot of no's in that round and Mitch Lasky from Benchmark said yes. 3 times in the scene
Cem Sertoglu: Lessons from the Greatest Venture Investment in European History | E1228 · 20VC with Harry Stebbings
- ▶ 7:01 Cem Sertoglu I think if you look at those firms as kind of a one strategy, one investment portfolio, uh, I think you could come to that conclusion, but what I see it is at the core of their portfolios, if they are early stage investors, so I don't mean… 2 times in the scene
- ▶ 1:00:54 Cem Sertoglu I also have a lot of respect for, uh, USV and, uh, and Benchmark in how they've kept their discipline around, you know, what they think they do better than anyone else, and I think the, the results show.
Mark Goldberg: Why Politics is Rife & Decision-Making is Broken in Large VCs | E1219 · 20VC with Harry Stebbings
- ▶ 12:17 Mark Goldberg Inspired by funds like Benchmark, like USV, we think that there is this kind of personal relationship at the early stage that we're going to try to reconstitute the fund around.
- ▶ 53:26 Harry Stebbings A, it would, it would have to be benchmark.
Mamoon Hamid: AI - Where Value Accrues, Startups vs Incumbents & Scaling Laws | E1217 · 20VC with Harry Stebbings
- ▶ 20:51 Harry Stebbings When we look at the venture landscape, you have like, in my mind, boutiques, USV benchmark boutique,
- ▶ 1:00:45 Mamoon Hamid One of my favorite investors is Matt Kohler from Benchmark, who I got to see him yesterday. 2 times in the scene
Eric Vishria: Where is the Value in AI - Chips, Models or Apps? | E1206 · 20VC with Harry Stebbings
- ▶ 9:59 Eric Vishria I am not a sector specialist and nobody at Benchmark is. 2 times in the scene
- ▶ 17:41 Eric Vishria And I think that was a huge part of, you know, Gurley and the rest of the benchmark teams at that time, which predates me, um,
- ▶ 31:49 Eric Vishria Um, in terms of value accrual, like, you know, I think for Benchmark, like, we have a, we, we have no foundational model investments, uh, thus far anyway.
- ▶ 34:14 Harry Stebbings Does AI today, do AI rounds break the benchmark model? 4 times in the scene
- ▶ 41:50 Eric Vishria My partners have over my 10 years at Benchmark.
- ▶ 47:17 Eric Vishria Um, and I've, I've been lucky to see that at benchmark a whole bunch of times.
- ▶ 51:56 Eric Vishria Like, that is the benchmark model, and since the benchmark model is a, a concentrated portfolio of, like, very high conviction commitments. 2 times in the scene
- ▶ 54:31 Eric Vishria This is, it's a very benchmark is a very high trust, like high confidence in each other model and structure, right?
- ▶ 58:29 Eric Vishria Well, there's a, there's a, he, he told me a version of that on one of the first investments I looked at at benchmark in summer of, you know, the discussion was like, well, could you do it at 40 or 60 or whatever, say some, some price.
- ▶ 1:00:48 Harry Stebbings Which venture investor outside of benchmark do you most respect? 2 times in the scene
- ▶ 1:07:40 Harry Stebbings Final one for you, when I ask you for a memorable moment from your time at Benchmark, what's the one that you tell grandchildren? 2 times in the scene
Shardul Shah: How Index Makes Decisions & Why Benchmarks & Averages in VC are BS | E1202 · 20VC with Harry Stebbings
- ▶ 44:33 Harry Stebbings I think it's, like, dominated by, like, Chanel and Walmart, and so Chanel is, you know, benchmark and US fee, constrained fund sizes, very specific ICP, and then you have Walmart, which is walls of cash.
Nicholas Chirls: Why Big VCs Ruin Startups, VC is a Ponzi Scheme Today & Most VCs are Bankers |E1198 · 20VC with Harry Stebbings
- ▶ 7:15 Harry Stebbings Benchmark don't need to do that.
- ▶ 11:01 Harry Stebbings Like Benchmark, like USV, Ribbit are large, but I would still say they're artisans of their craft and fintech.
Delian Asparouhov: Inside the Walls of Founders Fund: What the World Does Not See | E1183 · 20VC with Harry Stebbings
- ▶ 27:20 Delian Asparouhov Um, I think, you know, I think it was Sarah Tovel, um, who, you know, benchmark may not, you know, sort of love me for various comments that I make, but I do like Sarah's, you know, sort of framework and I use it all the time, which is…
- ▶ 32:30 Delian Asparouhov Um, you know, it's probably Sequoia, Andreessen, and probably more historical benchmark than modern benchmark, but I still think there's lessons to be had, you know, sort of there. 3 times in the scene
- ▶ 43:27 Delian Asparouhov There are firms, tier ones that I mentioned, Benchmark, A-sixteen Z, Sequoia, et cetera, all have examples of sort of founder oustings in the past sort of decade. 3 times in the scene
Saam Motamedi: Why Series B Won’t Make Money & Why $1M ARR is a BS Milestone for Series A | E1177 · 20VC with Harry Stebbings
- ▶ 36:56 Saam Motamedi I love Eric at Benchmark.
David Luan: Why Nvidia Will Enter the Model Space & Models Will Enter the Chip Space | E1169 · 20VC with Harry Stebbings
- ▶ 40:29 Harry Stebbings and I think it was Miles Grimshaw at Benchmark or now Thrive said actually co-pilots is an incumbent strategy.
Michael Eisenberg: How China Could Overtake the US in the AI Race | E1167 · 20VC with Harry Stebbings
- ▶ 4:40 Michael Eisenberg Seeking Alpha, which is a company, by the way, I did 19 years ago on Benchmark, and I'm still on the board of.
- ▶ 15:19 Michael Eisenberg You know, when I first joined Benchmark in 2005, I had some time on my hands and have a portfolio.
- ▶ 42:38 Michael Eisenberg I kind of drank the benchmark Kool-Aid. 2 times in the scene
- ▶ 46:39 Michael Eisenberg Bruce Dunleavy from Ventura used to say that venture capital has the highest barrier to exit of any business out there.
Danny Rimer: The Biggest Lessons from Missing Snap, Airbnb, Spotify and Facebook | E1166 · 20VC with Harry Stebbings
- ▶ 31:34 Harry Stebbings Asset gatherers, not disparaging me, but just raising huge funds and boutiques, which is your specialist providers, like a benchmark, a USV, even a Ribbit, which although large, but like is very fintech focused and absolutely owns their…
- ▶ 1:19:14 Danny Rimer Benchmark, 4 times in the scene
Reid Hoffman: The Future of TikTok and The Inflection AI Deal | E1163 · 20VC with Harry Stebbings
- ▶ 32:28 Harry Stebbings I don't want it when there's 20, uh, procurement companies all funded by Sequoia, and Benchmark, and Grail, and everyone in between.
Dan Siroker: Second-Time Founders Are More Investable & Why Not To Hire People Out of College |E1153 · 20VC with Harry Stebbings
- ▶ 29:43 Dan Siroker Uh, and so this is one of those where like, yeah, the best investors benchmark and recent, they will invest less than their supposed minimums for the right company.
- ▶ 31:18 Dan Siroker You know, my very first Series A, I got, you know, I got benchmarked to agree to, you know, I think it was maybe eight percent or something. 3 times in the scene
- ▶ 51:30 Harry Stebbings Can I ask, you've had some of the best brands benchmark your Andreessen's of the world.
- ▶ 1:06:22 Dan Siroker And they took the term sheet from Benchmark instead.
Sarah Tavel: Will Foundation Models Be Commoditised? | E1149 · 20VC with Harry Stebbings
- ▶ 0:48 Harry Stebbings No, but I want to start, for those that do not know, how did you come to be at Benchmark? 6 times in the scene
- ▶ 5:09 Harry Stebbings You've now been doing Venture for a long time between the first and obviously with Bessemer, then the second with Greylock and now Benchmark.
- ▶ 20:24 Sarah Tavel And that's, that's, those are the types of opportunities that, that we, we get really excited about the benchmark.
- ▶ 25:01 Harry Stebbings Because, you know, if we look at benchmark tradition or series A traditionally, which is obviously where benchmark is at home, 4 times in the scene
- ▶ 40:31 Harry Stebbings How does Benchmark win so effectively? 5 times in the scene
- ▶ 58:47 Sarah Tavel And, and so my first investment at benchmark was this company chain analysis where we, you know, I was the first board member for the company. 2 times in the scene
Adam Gross: Why Startups Doing Paid Under $100M ARR are not PLG | E1145 · 20VC with Harry Stebbings
- ▶ 37:45 Harry Stebbings Sarah Tavill from Benchmark said that we will sell the services and not the tools.
Kevin Ryan: Are the Best CEOs the Best Fundraisers & Why Ownership Should Not Be a Focus in VC|E1138 · 20VC with Harry Stebbings
- ▶ 50:52 Kevin Ryan Returns that let's say a benchmark and a Greylock have, and I'll, 90% of the rest of the, uh, industry.
Chris Dixon: Who Will Win the Next Generation of Venture? | E1132 · 20VC with Harry Stebbings
- ▶ 49:32 Chris Dixon It was like Sequoia and Kleiner and, uh, Benchmark and Excel.
David Clark: Lessons from 32 Years of Fund Investing - Why Exits Will Be Larger | E1131 · 20VC with Harry Stebbings
- ▶ 1:17:26 David Clark This is, is I have a huge amount of respect for the, for the folks at Benchmark and what they've done, and it's a really painful one. 4 times in the scene
Peter Wagner: 27 Years of Investing Lessons of Picking Founders, Price Discipline & Reserve | E1123 · 20VC with Harry Stebbings
- ▶ 38:07 Peter Wagner Um, you know, the day he, the day he told me he was, uh, leaving us and, and going to Benchmark was, uh, one of the most discouraging days of my career.
Christian Hecker & Johan Brenner: The Biggest Fundraising Lessons Having Raised $1.3BN | E1116 · 20VC with Harry Stebbings
- ▶ 1:42 Johan Brenner Many moons later, uh, it's, it's traded public, but I've, I've started my career as an operator, became an entrepreneur, and then joined actually benchmark
- ▶ 47:59 Johan Brenner And I, then I joined benchmark
20VC: Doug Leone, Bill Ackman, Bill Gurley and Orlando Bravo on "Does Price Matter"; When to Pay Up vs When to Stay Disciplined, The Biggest Lessons on Price Discipline from 8 of the World's Best Investors
- ▶ 7:48 Harry Stebbings Wouldn't it be great to hear Bill Gurley from Benchmark talk about how he thinks about price and reflects on his own price sensitivity today?
- ▶ 9:37 Harry Stebbings It was interesting, Keith Raboy actually said on a different podcast that the only firm to have retained price discipline, the only firm, was Benchmark. 2 times in the scene
David Tisch & Terrence Rohan: Biggest Misconceptions & Hardest Truths About Seed Investing | E1112 · 20VC with Harry Stebbings
- ▶ 1:15:32 Harry Stebbings I would say benchmark for the A, and I would say either Thrive or Sequoia for growth.
- ▶ 1:19:17 David Tisch Because again, I don't think Index wakes up and calls, uh, Benchmark. 4 times in the scene
Keith Rabois on Rejoining Khosla Ventures | E1102 · 20VC with Harry Stebbings
- ▶ 28:00 Keith Rabois Benchmark's pretty good at what they do.