A venture capital firm that invests in consumer and marketplace startups.
Benchmark backs consumer and marketplace startups, and its record is mixed. It favors markets that look small but are changing (Airbnb, Etsy, Hipcamp) and doubted Mercor's plan to go from $1.5M to $50M run rate, which Mercor hit. Kalanick says Bill Gurley pushed a $6B term sheet before a $17.5B round, then Benchmark ran a 2017 war room. Lesson: set bold goals and manage your investors.
Lenny's Podcast · Dec 27It leans toward markets that look small from the outside and asks about the dynamics of change, not market size. Tavel is a partner there and tells founders to come talk if people say their market is too small.
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David Senra · Aug 16In 2017 Benchmark ran a war room against Kalanick, creating a weekly crisis, apparently because it wanted liquidity. Kalanick says he never told them Uber was preparing an IPO and did not give the deference Bill Gurley wanted.
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Lenny's Podcast · Sep 18At $1.5M run rate, Foody told Benchmark he would reach $50M by year end. They called it insane, and he hit it within two weeks of the date.
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Investors & studiosA startup accelerator that funds and advises early-stage companies.
11 sources · 18 tips
Investors & studiosA venture capital firm that backs early-stage technology founders.
8 sources · 18 tipsAn app acquirer that buys working consumer apps for seven and eight figures and scales them.
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Investors & studiosAn Italian company that acquires digital businesses and runs them on one shared platform of proprietary tools.
2 sources · 19 tipsA bootstrapped app studio that buys apps after their viral peak and grows them with AI ads and testing.
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Investors & studiosA conglomerate founded in 1960 that bought niche businesses, ran an insurance investment arm, and repurchased its own stock.
1 source · 17 tipsA venture firm investing in consumer apps and AI-powered consumer products.
1 source · 9 tips
Investors & studiosA seed-stage venture capital firm that backs early technology startups.
4 sources · 5 tips