Benchmark Part II: The Dinner

Acquired

Ben Gilbert and David Rosenthal

Venturecapital, Ma, Investing, Acquisitions, Startups, Vc, Investment, Business, Technology

4.8 • 2.9K Ratings

🗓️ 17 October 2022

⏱️ 120 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

We sit down with all five current Benchmark GPs for one of their legendary weekly dinners, during which we ask all of the unresolved burning questions from Part 1. How do THEY think about Benchmark v3? What are their day-to-day emotions trying to keep the equal partnership “bending toward greatness? Why is there no growth fund? What does it take to become the next Benchmark GP? Why is there a secret Principal program? We cover all these and much, much more. We also recorded the whole thing on video — which we highly recommend watching even if you normally only listen to the audio feed!

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Transcript

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0:00.0	I've spent a lot of time in Europe, and the dinners are about three hours, maybe three
0:06.0	and a half hours long.
0:07.0	That's an acquired episode.
0:08.3	Yeah.
0:09.3	That's right.
0:10.3	And that's the whole point, is that social connection is not something that's transaction.
0:14.4	It's fluid.
0:15.4	It's fun.
0:16.4	It's playful.
0:17.4	And so the idea is people are coming out, beaming, smiling after a dinner, as opposed
0:22.2	to, you know, this sort of rigid structure of a typical dinner with an agenda.
0:26.2	No agenda.
0:27.2	No agenda.
0:28.2	Yeah.
0:29.2	Come together.
0:30.2	Yeah.
0:31.2	Who got the truth?
0:32.2	Is it you?
0:33.2	Is it you?
0:34.2	Is it you?
0:35.2	Who got the truth now?
0:36.2	Is it you?
	...

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