Evidence receipt / belief
Published · transcript-backedDavid Rosenthal: belief
28 Sept 2022 Acquired Benchmark Part I
“I think Bruce and Bob are still active, at least in fund six. Maybe a little bit into fund seven, but fund six is the transition.”
Source trail
Everything needed to verify it.
- Speaker
- David Rosenthal
- Attribution
- Verified speaker
- Claim type
- belief
- Recorded
- 28 Sept 2022
- Publisher
- Acquired
- Episode
- Benchmark Part I
Transcript context
…Yup. Okay, you have the slate now. You have the Fab Four. You have Bill Gurley, you have Peter Fenton, you have Mitch Lasky, and you have Matt Cohler. Of course, I think Bruce Dunlevie is still an active partner at this point, too. I think Bruce and Bob are still active, at least in fund six. Maybe a little bit into fund seven, but fund six is the transition. Fund six is great. I believe it'll probably end up being 5X-plus, 5X–10X fund. Instagram's in that fund. That's like Matt's third or fourth investment, which is my God. They return the fund on the investment but with the sale to Facebook. Because it's sold 12 months after they did the Series A. Imagine doing a series A investment. I don't remember the valuation of Instagram Series A.…
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