Peter Fenton

11 statements across 2 episodes · 4 bullish · 4 bearish · 3 people on the record · first statement Mar 18, 2016 by Peter Fenton · said 4 times in 3 episodes since 2018 · across every show →

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

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brought up most by Aaron Katz (3), Ajay Kulkarni (1)

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Everything said about Peter Fenton, oldest first

Mar 18, 2016
Disclosure
Benchmark partners are paid equally with no associates or principals
“Each of us are equal partners. We pay each other exactly the same. There's no associates, there's no principals,”
Peter Fenton Mar 18, 2016 ▶ 9:10 A Fireside Chat with Benchmark General Partner Peter Fenton (Data Driven NYC / FirstMark)
Mar 18, 2016 bearish
Insight
Machine learning is a 'game of kings' favoring big tech
“And machine learning is the game of kings.”
Peter Fenton Mar 18, 2016 ▶ 29:03 A Fireside Chat with Benchmark General Partner Peter Fenton (Data Driven NYC / FirstMark)
Mar 18, 2016 positive
Disclosure
Benchmark prefers backing founders on their second or third venture
“I love backing company two and three, and some, and number one, you get lucky sometimes, but, ah, I really love, ah, number two, if the first one was, you know, done with integrity”
Peter Fenton Mar 18, 2016 ▶ 14:55 A Fireside Chat with Benchmark General Partner Peter Fenton (Data Driven NYC / FirstMark)
Mar 18, 2016 negative
Opinion
Solomon Hykes' initial DotCloud idea was catastrophically bad
“And turns out, by the way, his idea was catastrophically bad. Dot cloud, which we don't talk about.”
Peter Fenton Mar 18, 2016 ▶ 5:25 A Fireside Chat with Benchmark General Partner Peter Fenton (Data Driven NYC / FirstMark)
Mar 18, 2016 negative
Insight
Open source licenses cannot protect startups from Amazon's cloud competition
“Unless there's something proprietary in the open source, which by definition it's sort of already out there and open I think it's very difficult for a license to protect you from Amazon coming up with good enough in a competing service.”
Peter Fenton Mar 18, 2016 ▶ 47:49 A Fireside Chat with Benchmark General Partner Peter Fenton (Data Driven NYC / FirstMark)
Mar 18, 2016 positive
Prediction Not checkable as stated
The tech ecosystem is entering a cycle with less promotional BS
“I think we're moving into a cycle where it's gonna be refreshingly you know, I don't wanna say the promoters are gone, it's sort of the nature of industry, but it'll be a lot, there'll be a lot less of that kind of BS, and I think it'll make the whole ecosyste…”
Peter Fenton Mar 18, 2016 ▶ 48:56 A Fireside Chat with Benchmark General Partner Peter Fenton (Data Driven NYC / FirstMark)
Mar 18, 2016 bearish
Opinion
Tech startups are experiencing a massive burn rate bubble
“We have a burn rate bubble, meaning companies have lost, they've numbed themselves to the fact that you have to eventually replace the capital that you're burning with operating income”
Peter Fenton Mar 18, 2016 ▶ 32:59 A Fireside Chat with Benchmark General Partner Peter Fenton (Data Driven NYC / FirstMark)
Mar 18, 2016
Insight
Investors should follow top founders rather than set sector theses
“We had to actually follow, in many ways, follow the instincts of the best people of their generation, because they're chasing the things that have the highest rate of change, that are at the intersection of a collision of different sectors and segments”
Peter Fenton Mar 18, 2016 ▶ 13:01 A Fireside Chat with Benchmark General Partner Peter Fenton (Data Driven NYC / FirstMark)
Mar 18, 2016 positive
Insight
Stronger startups become stronger when capital is scarce
“Because I actually think the stronger companies are gonna get stronger when capital is scarce.”
Peter Fenton Mar 18, 2016 ▶ 42:19 A Fireside Chat with Benchmark General Partner Peter Fenton (Data Driven NYC / FirstMark)
Mar 18, 2016
Assertion Supported
Fenton invested in Twitter when it had only 25 employees
“You invested when the company was only 25 people strong.”
Matt Turck Mar 18, 2016 ▶ 0:17 A Fireside Chat with Benchmark General Partner Peter Fenton (Data Driven NYC / FirstMark)
Nov 16, 2021 positive
Opinion
Katz names Mike Volpe and Peter Fenton top open-source VCs
“And I believe, and there's a lot of very smart people that are deploying capital in this category, specifically open source and infrastructure, but my belief, and I'm biased obviously, is that they are the top two or, you know, two of the top five, let's say.”
Aaron Katz Nov 16, 2021 ▶ 9:50 Fireside Chat: Aaron Katz (Co-Founder & CEO, ClickHouse) with Matt Turck (Partner, FirstMark)
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