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Published · transcript-backed

David Rosenthal: evaluation

28 Sept 2022 Acquired Benchmark Part I

“The third miss that is not directly related to international expansion, but I think is more symptomatic, perhaps, of taking your eye off the ball.”

— David Rosenthal

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Speaker
David Rosenthal
Attribution
Verified speaker
Claim type
evaluation
Recorded
28 Sept 2022
Publisher
Acquired

Transcript context

…Out of Tallinn, Estonia. Out of Estonia, and Bill talks about this, too. He met Skype. Skype is right up his alley, right up Benchmark's alley, and eBay ends up buying Skype. But should Bill do it? Should Benchmark Menlo Park do it? Should Benchmark Europe do it? Are they trying to hand it off in the process? They lose the deal, so that's another miss. The third miss that is not directly related to international expansion, but I think is more symptomatic, perhaps, of taking your eye off the ball. But a Google-sized miss is that they missed Facebook. We know Sequoia is out for Facebook, because of Sean Parker, the pajama pitch, all that bad blood. Sequoia can't do Facebook. Who else could do it? Kleiner was still Kleiner at that point, right? The tumult hadn't started there.…

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