Speaker unverified: belief

Transcript context

…And sovereign nations that were not dependent, but paid attention to this. Were you aware of that? Did you feel that? Oh yeah. Obviously, Benchmark and Travis were in this power struggle. There was this heavy feel. When you talk to the Benchmark folks, there's this responsibility. This was one of the hits of the century. This is a category-defining company and investment. Benchmarks had a lot of good ones, but this one was a great one. While I wouldn't say it was a probability, there was a much higher than non-zero possibility that it could all go. It could all go poof. I think that was a very, very heavy weight on Benchmark and some of the other startups, et cetera, which led to all events that ultimately led to them bringing in an unknown outsider. Those are some heavy decisions to make. I wasn't there, I was at the tail end of all that drama. But then you had to deal with the shareholder base turnover, which was the unwinding of that expectation.…

Stored transcript either side of the excerpt. The highlighted words are the published quote; the surrounding text is unedited source, never generated.