meta_pixel
Tapesearch Logo
Log in
The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

20VC: Benchmark's Eric Vishria on Why Career VCs Have Advantages Most Under Appreciate, Why We Are In An Infrastructure Renaissance & What Makes The Best VC Partnership

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

The Twenty Minute VC

Finance, Venturecapital, Tech News, News, Siliconvalley, Technology, Investing, Startups, Business

4.4 • 637 Ratings

🗓️ 25 September 2017

⏱️ 24 minutes

🧾️ Download transcript

Summary

Eric Vishria is a General Partner @ Benchmark, one of the world’s leading VC funds with a portfolio including the likes of Twitter, Uber, Snapchat, eBay, WeWork, Yelp and many more revolutionary companies of the last decade. At Benchmark, Eric has led deals and sits on the board of the likes of Confluent, Amplitude, and Bugsnag. Prior to being in VC, Eric was the Founder & CEO @ Rockmelt, the startup that sought to re-imagine the browser for the way people use the web today, the company was ultimately acquired by Yahoo in 2013. Prior to Rockmelt Eric held numerous different roles including VP of Products @ HP and VP of Marketing @ Opsware.

In Today’s Episode You Will Learn:

1.) How Eric came to be one of the 5 GP's at Benchmark following operational success with Rockmelt, HP and Opsware?

2.) Why does Eric believe the pendulum has swung too far to the operational route into VC? What are the under-appreciated benefits of career VCs and the perspective they bring? How does Eric expect the pendulum to swing in the coming years?

3.) What makes the best-performing venture partnerships? How does Benchmark think about partner composition and career pre-VC? How does Benchmark structure investment decision-making? Why do they favor advocacy over unanimity?

4.) What does Eric mean when he says we are at the beginning of an infrastructure renaissance? What opportunities does this create in the venture landscape? How does this lead Eric to consider the current state of the consumer landscape?

5.) How does Eric view multi-stage investing? Why does Eric and Benchmark favour stage specifity when it comes to investing? What are the dangers of larger stage funds investing in earlier rounds for optionality?

Items Mentioned In Today’s Show:

Eric’s Fave Book: Endurance: Shackleton's Incredible Voyage To The Antarctic

Eric's Most Recent Investment: Confluent 

As always you can follow Harry, The Twenty Minute VC and Eric on Twitter here!

Likewise, you can follow Harry on Snapchat here for mojito madness and all things 20VC.

If you are an early stage startup, the right infrastructure and support systems are critical, that is where First Republic is so good. First Republic’s resources network and expertise allow entrepreneurs to customise a solid foundation for their business. Why First Republic, well you get to leverage their incredible network of VC firms to prepare you for future fundraising events, you get to count on a single point of contact that will be there for you and your employees, you get access to exclusive events and networking opportunities. Their clients include the likes of Instacart, eShares and Wish just to name a few. Check it out by heading over to innovation.firstrepublic.com

Segment allows you to collect data from every platform (mobile, web, server, cloud apps) and load it into Segment. Segment then sends the customer data to your tools and destinations where it can be used most effectively, destinations include email, analytics, warehouses, helpdesks and more. With over 200 sources and destinations on the Segment platform that can empower your team, Segment really is the last integration you will ever do and that is why the world’s best companies use segment to drive growth and revenue including Atlassian, New Relic and Crate & Barrel. Simply head over to segment.com to find out more.

Transcript

Click on a timestamp to play from that location

0:00.0

You are listening to The 20 Minute VC with me, Harry Stebbings, at H Stebbings with two Bs on Snapchat,

0:05.0

and it'd be great to see you there where you can see all things behind the scenes at the 20 minute VC.

0:09.5

However, to our guest today, and I'm thrilled to welcome Eric Vichria to the show.

0:13.1

Eric is a general partner at Benchmark, one of the world's leading VC funds with a portfolio,

0:17.6

including the likes of Twitter, Uber, Snapchat, eBay, WeWork, Yelp, and many more

0:22.2

revolutionary companies of the last decade. At benchmark, Eric has led deals and sits on the board of the

0:27.3

lights of confluent, amplitude, and bug snag. Prior to being in VC, Eric was the founder and CEO at

0:32.5

Rockmelt, the startup that sought to reimagine the browser for the way people use the web today.

0:37.4

The company was ultimately acquired by Yahoo in 2013.

0:40.7

And prior to Rockmelt, Eric held numerous different roles in operations,

0:44.0

including VP of products at HP and VP of Marketing at Opswear.

0:48.0

I'd also want to say a huge thank you to Peter Fenton and Mitch Lasky

0:51.1

at Benchmark for the intro to Eric today, without which this episode would not have

0:54.7

been possible. But before we dive into the show today, if you're an early stage startup, the right

0:59.1

infrastructure and support systems are critical. And that's where First Republic is so good. First

1:03.6

Republic's resources, network and expertise allow entrepreneurs to customize a solid foundation

1:09.1

for your business across all stages. So why First Republic?

1:12.5

Well, you get to leverage their incredible network of VC firms to prepare you for future

1:16.4

fundraising events. You get to count on a single point of contact that will be there for you and

1:20.6

your employees when you need them. You get access to exclusive events and networking opportunities.

1:25.4

But don't trust me on this. Their clients include the likes of

1:27.8

Instacart, e-shares, and Wish, just to name a few. Check it out by heading over to innovation.

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from The Twenty Minute VC, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of The Twenty Minute VC and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2025.