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Acquired

Benchmark Part II: The Dinner

17 Oct 2022

Transcription

Full Episode

0.031 - 21.465 Unknown

I've spent a lot of time in Europe and the dinners are about three hours, maybe three and a half hours long. That's an acquired episode. Yeah. And that's the whole point is that social connection is not something that's transaction. It's fluid. It's fun. It's playful. And so the idea is people are coming out beaming, smiling after a dinner.

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21.445 - 27.476 Unknown

As opposed to this sort of rigid structure of a typical dinner with an agenda. There is no agenda.

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27.696 - 29.92 Ben Gilbert

I don't have an agenda today. The agenda is to come together.

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30.581 - 45.428 Unknown

Who got the truth? Is it you? Is it you? Is it you? Who got the truth now? Is it you? Is it you? Is it you? Sit me down. Say it straight. Another story on the way.

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47.348 - 61.312 David Rosenthal

Welcome to Season 11, Episode 5 of Acquired, the podcast about great technology companies and the stories and playbooks behind them. I'm Ben Gilbert, and I'm the co-founder and managing director of Seattle-based Pioneer Square Labs and our venture fund, PSL Ventures.

61.733 - 70.167 Unknown

And I'm David Rosenthal, and I'm an angel investor based in San Francisco, where we were for this very episode.

70.147 - 82.561 David Rosenthal

Indeed, and we are your hosts. Last episode, we told the four-hour story of Benchmark, the legendary venture capital firm that stayed small while all their competitors ballooned in size.

83.302 - 95.395 David Rosenthal

At the end of the episode, we mentioned that their partner meeting had this dinner at the end of it, where the five equal partners of Benchmark sit down for an open-ended discussion, sometimes with a special guest.

95.375 - 133.279 David Rosenthal

Well, we were talking with the Benchmark Partners about that last episode, and they invited us to be their guest for one of these dinners, and for the first time ever, record it, even on video. So we are so pumped to share this with all of you. We got to ask them about a lot of the open questions we had. Indeed, indeed.

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