Assertion certainty 5/5 debate potential 2/5

Lasky: Benchmark held no champagne celebration following Snapchat's IPO

Mitch Lasky · 20VC: Benchmark's Mitch Lasky on The Snapchat Journey From Series A to IPO, Why Small Is Beautiful In Venture Partnerships & Why Venture Is Very Much Like Hollywood · Jul 10, 2017 · at 19:26

Mitch Lasky, General Partner at Benchmark, describes the firm's low-ego, work-focused internal culture following one of its biggest fund returns.

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“I came back from New York after the Snapchat IPO. I was in New York for the pricing and to see the stock open on, on the New York stock exchange floor. And I flew back from, it was on a Thursday on, came back on, on Monday to the partners meeting. And our celebration was basically like, Hey, yeah, that went pretty well. And a pat on the back and let's get back to work. There was literally nothing, you know, no champagne popping, no people counting their money or whatever.”

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