Benchmark
9 statements across 9 episodes · 2 bullish · 4 bearish · 8 people on the record · first statement Jul 3, 2017 by Chris Douvos · said 50 times in 26 episodes since 2017 · across every show →
Mentions by year
brought up most by Ted Seides (16), David Rosenthal (6), Gregg Lemkau (5), Stephen McKeon (4), Josh Wolfe (4), Sebastian Mallaby (3), Mike Maples, Jr. (2), Chris Douvos (2)
tap a year for its mentions
2025 4 mentions in 3 episodes 1 per episode
2024 2 mentions in 1 episode
2023 5 mentions in 1 episode
2022 27 mentions in 15 episodes 2 per episode
- David Rosenthal and Ben Gilbert – Acquiring an Industry. Venture is Eating the Investment World 1 (Capital Allocators, EP.229)
- Sebastian Mallaby – The Making of the New Future in Venture, Venture is Eating the Investment World 14 (Capital Allocators, EP.245)
- Arjun Sethi – A Technology Company that Deploys Capital at Tribe, Venture is Eating the Investment World 10 (Capital Allocators, EP. 240)
- Joelle Kayden – Canvassing the Landscape at Accolade Partners, Venture is Eating the Investment World 7 (Capital Allocators, EP.235)
- Ali Hamed – Novel Venture Investing at CoVenture, Venture is Eating the Investment World 5 (Capital Allocators, EP.233)
- Sahil Bloom – Creativity, Investing, and Engineered Serendipity (Capital Allocators, EP.249)
- Steve Papa – Entrepreneur's Perspective on Venture, Venture is Eating the Investment World 13 (Capital Allocators, EP.244)
- Kathy Xu – Venture in China at Capital Today, Venture is Eating the Investment World 12 (Capital Allocators, EP.243)
- 7 more episodes that year, every mention in 2022 →
2020 1 mention in 1 episode
2019 1 mention in 1 episode
2018 8 mentions in 3 episodes 3 per episode
2017 2 mentions in 1 episode
Everything said about Benchmark, oldest first
Jul 3, 2017 negative
Elite VC Mega-Funds Trigger Copycat Fund Bloat Across the Industry
“So Sequoia goes out and raises four billion dollars, and then, you know, Billy Bob Joe's venture firm thinks they can raise four billion dollars, and by the way, there's a lot of money coming to the asset class that, that they can. So, you know, this kind of v…”
Sep 3, 2018 neutral
Williamson: Benchmarks should serve as communication devices, not rigid constraints
“The thing with a benchmark is it's a communication tool, and there are times when managers don't perform or go way off of where they're supposed to be, way out of their mandate, and so there has to be a communication device, and the benchmark is that. Now, tha…”
Sep 17, 2018 positive
Top VC funds could monetize future access rights via tokenization
“Well, all of a sudden, to raise a dollar of capital, somebody might pay a dollar 25, because not only are they putting the dollar into this current fund, they're also buying the access right to the next fund.
It actually would allow benchmark to raise more cap…”
Apr 13, 2020
Nov 2, 2020 negative
Trigg: Active management struggles because career risk drives groupthink and benchmark-hugging
“I think these really counterproductive behaviors that largely explain why active management struggles, and it's a lot of group think. People are worried about standing out from the crowd. They're worried about careers. So they play it safe. They hug the benchm…”
Apr 11, 2022 positive
Benchmark allocates equal carry to newly hired and senior partners
“Benchmark says that it achieves the same effect because it has this equal partnership structure where If there are six partners, let's say, and they bring in the seventh, even if the seventh is inexperienced and younger and so forth, that new partner gets the …”
May 9, 2022 bearish
Bloom: Mid-tier generalist VCs are a wasteland lacking clear value props
“The venture landscape had fundamentally changed. You were having this disruption where a barbell had formed, where on one end of that barbell, you have the Sequoia, Benchmark, Andreessen, Tiger Global, these like big name cache firms who, when they write a che…”
Dec 12, 2022 bearish
Most active mutual funds underperform decades-long benchmarks, guaranteeing indexers top-quartile performance
“85 to 90% of actively managed mutual funds underperformed the benchmark they have sought to be. Not every year, but every decade, every 20 years, and if you want to be in the top half of the top quartile, all you have to do is index, and you'd be there.”