Speaker unverified: belief

Transcript context

…Hey, it's Benchmark? No, I think it's surprising to everybody, whether it's entrepreneurs or whether it's people that we call in the industry. We're just like, hey, we're all together. This question came up, and we want to talk to you about it. It's like, oh, wow, that's actual teamwork. You're working together as a team. I think you both have investigated the venture industry so much that sort of like all the stories that are told at Benchmark are all about the group going and accomplishing something. There's a lot of like, we did this, we did that, and then this happened, and then we did this. I think, broadly, the stories in the industry naturally tend to be one person. The venture capitalist is the hero. The truth is that's hardly the truth. Part of that is all five of us are engaged on that and working as a team for that. When you call somebody together, you're exercising that motion, you're exercising that muscle. One of the things we spent a bunch of time talking about on the first episode was, what the psychology must be like, Ben and I speculating of being around this table here as a partner with you guys. Our thesis was that for an ordinary group of people, it would trend towards mediocrity. But if you have a cultural norm of we are all bringing it all the time, then it trends towards greatness.…

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