Benchmark

“One of my favorite pitches with a VC that I ever did was with Blake Robbins when he was at Benchmark, and And we played PUBG together.”

“If you look at their twenty-twenty fund, they have Mercore, they have Fireworks. What's the other one? They have a bunch of, like, multi-ten baggers at this point in that fund, so they're feeling pretty good about going to LPs and saying, look, we still got it…”

“This is one of the reasons why I'm extremely excited about benchmark competitive position in today's market, because we can go to LPs, we can say, hey, we're shooting for higher than five X net. We have the historical track record to back it up, and we have th…”

“I don't think Robbie or Hamant, or even Ben and Mark at this point, I don't think that they can go to LPs, one of those legs of the stool, and say, hey, this basket of funds that we're making you invest party pursue across, we're gonna get you five X net on th…”

“On that exact date, Benchmark's equal GP roster was Bill Gurley, Eric Vistria, Matt Kohler, Mitch Lasky, Peter Fenton, Sarah Tavel. Today, the partnership has changed dramatically. The only two that remain are Peter and Eric. And you have Chetan, Ev Randall, a…”

“Every partner at benchmark, it's an equal partnership. So every partner was going to make a clean one billion dollars. They were all going to be billionaires from this one deal.”

“I would argue like they are probably less likely to go against the founder given, given how this entire situation has played out.”

“His take, which I totally agree with is it's hard to, if Travis had stayed in the role, It's hard to imagine Uber being worth less than something like a trillion dollars today.”

“Benchmark is gonna be absolutely cleaning up. They still own over 20% of Cerebrus, apparently.”