Victor Lazarte

14 statements across 1 episodes · 6 bullish · 2 bearish · 1 people on the record · first statement Apr 14, 2025 by Victor Lazarte · said 29 times in 9 episodes since 2024 · across every show →

On the record as a speaker too: Victor Lazarte's record, appearances and statements → this page counts the times other people say the name.

Mentions by year

brought up most by Harry Stebbings (16), Brendan Foody (6), Adarsh Hiremath (5), Tarek Mansour (2)

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2026 2 mentions in 1 episode
2025 26 mentions in 7 episodes 4 per episode
2024 1 mention in 1 episode

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Everything said about Victor Lazarte, oldest first

Apr 14, 2025 bullish
Assertion Supported
Lazarte: U.S. is winning the AI race against China by all measures
“I think by all, like, I think by all measures, like the U.S. Is winning. If you look at, like, all the AI products, like, ChatCPT is the most used, ah, AI assistant in the world, and sure, you can talk about, like, oh, how about DeepSeq and this and that, but …”
Victor Lazarte Apr 14, 2025 ▶ 44:39 Benchmark GP, Victor Lazarte: The 3 Traits All the Best Founders Have · 20VC with Harry Stebbings
Apr 14, 2025 bearish
Prediction Open · timeframe Apr 2030
Lazarte: Character AI is merely the Friendster of AI companions
“In a few years, we're going to look back, and we're going to say that Character AI was Friendster. And what I mean by that is there's going to be a company that is going to be very important, and we'll look back and we'll say Character AI was the precursor of …”
Victor Lazarte Apr 14, 2025 ▶ 7:10 Benchmark GP, Victor Lazarte: The 3 Traits All the Best Founders Have · 20VC with Harry Stebbings
Apr 14, 2025 positive
Disclosure
Lazarte: My first check at Benchmark was $55M into HeyGen
“My first check at benchmark was a fifty-five million dollar check into HeyGen.”
Victor Lazarte Apr 14, 2025 ▶ 1:04:52 Benchmark GP, Victor Lazarte: The 3 Traits All the Best Founders Have · 20VC with Harry Stebbings
Apr 14, 2025
Disclosure
Lazarte: Most of my Benchmark deals are sourced via active outbound
“No, so the majority, like the majority of what I do is like outbound. Like the majority of what I do is outbound.”
Victor Lazarte Apr 14, 2025 ▶ 26:11 Benchmark GP, Victor Lazarte: The 3 Traits All the Best Founders Have · 20VC with Harry Stebbings
Apr 14, 2025 bullish
Assertion Supported
Lazarte: Mercor grew from $1M to $100M revenue in 11 months
“Brex went from like zero to a hundred million dollars in revenue in like in 18 months after launch, and Mercor went from like a million dollars in revenue when I invested to like over a hundred million, like in 11 months.”
Victor Lazarte Apr 14, 2025 ▶ 22:28 Benchmark GP, Victor Lazarte: The 3 Traits All the Best Founders Have · 20VC with Harry Stebbings
Apr 14, 2025
Disclosure
Lazarte: Wildlife Studios bootstrapped out of necessity, not choice
“So, so yeah, I bootstrapped a mobile gaming business, and it makes for a good story, but the reality is we tried really hard to raise money. Like, we didn't bootstrap by choice.”
Victor Lazarte Apr 14, 2025 ▶ 1:27 Benchmark GP, Victor Lazarte: The 3 Traits All the Best Founders Have · 20VC with Harry Stebbings
Apr 14, 2025 bearish
Prediction Open · timeframe Apr 2035
Lazarte: Only 1% of computer knowledge work will exist in 10 years
“What percentage of knowledge work as we know today will exist in 10 years? Like if you define work, knowledge work as work you do behind a computer, I think it's probably like one percent.”
Victor Lazarte Apr 14, 2025 ▶ 38:50 Benchmark GP, Victor Lazarte: The 3 Traits All the Best Founders Have · 20VC with Harry Stebbings
Apr 14, 2025
Assertion Not checkable as stated
Lazarte: Early Brazilian VC deals included predatory 20x liquidation preferences
“So I had friends that they raised money in Brazil and they agreed to like a 20 times liquidation preference, which seems like oh, yeah, there's this clause in the contract, but I don't really know what it is. And yeah, like, people do that, and they end up los…”
Victor Lazarte Apr 14, 2025 ▶ 2:32 Benchmark GP, Victor Lazarte: The 3 Traits All the Best Founders Have · 20VC with Harry Stebbings
Apr 14, 2025
What-if
Lazarte: I would not have invested in Mercor without Brex
“Frankly, I don't think I would have invested in Mercor if I hadn't invested in Brex.”
Victor Lazarte Apr 14, 2025 ▶ 18:14 Benchmark GP, Victor Lazarte: The 3 Traits All the Best Founders Have · 20VC with Harry Stebbings
Apr 14, 2025
Disclosure
Lazarte: Best early Wildlife Studios term sheet offered $50k for 50%
“The idea was, like, I loved mobile games, and I thought it was going to be a good business, but there wasn't, like, a very strong, well-thought-out thesis, and I guess that's why, like, the best term sheet that we got is someone offered us, like, 50,000 dollar…”
Victor Lazarte Apr 14, 2025 ▶ 1:55 Benchmark GP, Victor Lazarte: The 3 Traits All the Best Founders Have · 20VC with Harry Stebbings
Apr 14, 2025
Disclosure
Lazarte: I have done four Benchmark deals, co-founding one of them
“Yeah, so I've done, so I mean, I've done four companies since I started at Benchmark. Three have been this way. And then the fourth one, I actually, I'm a co-founder. So I started the company with someone that, that I knew for a long time.”
Victor Lazarte Apr 14, 2025 ▶ 27:17 Benchmark GP, Victor Lazarte: The 3 Traits All the Best Founders Have · 20VC with Harry Stebbings
Apr 14, 2025 bullish
Prediction Not checkable as stated
Lazarte: AI will understand most people better than anyone within 5 years
“I have this very strong belief that five years from now, for the majority of people, the person that will understand you the most is going to be an AI.”
Victor Lazarte Apr 14, 2025 ▶ 14:09 Benchmark GP, Victor Lazarte: The 3 Traits All the Best Founders Have · 20VC with Harry Stebbings
Apr 14, 2025 bullish
Opinion
Lazarte: Sarah Guo's Conviction is my top seed fund pick
“And then I'll go, like, early I'll go with Conviction, because I think Sarah, Sarah's great.”
Victor Lazarte Apr 14, 2025 ▶ 1:11:06 Benchmark GP, Victor Lazarte: The 3 Traits All the Best Founders Have · 20VC with Harry Stebbings
Apr 14, 2025 bullish
Insight
Lazarte: AI agent UI shifts allow startups to rebuild incumbent businesses
“Whenever you have a shift, like, a UI shift of this magnitude, a lot of the businesses, like, they don't adapt, and so I think there's an opportunity to recreate a lot of the successful business of today in an agent format.”
Victor Lazarte Apr 14, 2025 ▶ 8:13 Benchmark GP, Victor Lazarte: The 3 Traits All the Best Founders Have · 20VC with Harry Stebbings
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