Randall: Benchmark targets higher than 5x net returns for LPs
Ev Randall · Wednesday’s Diet TBPN · Nov 13, 2025 · at 13:38
Benchmark partner Ev Randall contrasts Benchmark's focused fund size and boutique venture model with large multi-stage mega-funds on the 20VC podcast.
0:00 / 0:13exact quote · 13.5s
▶ Watch the full episode on YouTube → 720p mp4 · rendered on demand · StarZero watermark
“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 the fund sizes to back it up as well.”
quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →
More from Ev Randall
Randall: Mega-fund leaders cannot realistically promise LPs a 5x net return
“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…”