Evidence receipt / commitment
Published · transcript-backedBen Gilbert: commitment
28 Sept 2022 Acquired Benchmark Part I
“The interesting thing is that it wasn't like, now we're all equal partners in one big pool. It was, you guys are a fund, you have your own equal partnership, and we will come to an economic agreement where you get to rent the brand from us.”
Source trail
Everything needed to verify it.
- Speaker
- Ben Gilbert
- Attribution
- Verified speaker
- Claim type
- commitment
- Recorded
- 28 Sept 2022
- Publisher
- Acquired
- Episode
- Benchmark Part I
Transcript context
…Yup. They recruit seven partners, new partners to come in and run the international funds. The separate Europe fund and a separate Israel fund both structured the same way but separate partnerships. The interesting thing is that it wasn't like, now we're all equal partners in one big pool. It was, you guys are a fund, you have your own equal partnership, and we will come to an economic agreement where you get to rent the brand from us. But the reality was, especially in those early days, there was a lot of work involved from Benchmark. It was Benchmark LPs that we’re investing in. It was the Benchmark brand. Then they had to go recruit the partners, put everything together, and then instill the Benchmark way in them or tried to.…
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