Benchmark Partners Say They'll Hold the 2-3 Deals a Year Rhythm Despite Record $2B Across Two Funds
Summary
Benchmark's five GPs — including recent additions Jack Altman and Chethan Puttagunta — told TechCrunch Disrupt they will keep making just 2-3 bets a year each despite having raised a historic $2B across two funds. Peter Fenton framed the math bluntly: 'If the fund is successful, one or two investments will generate 90% of the returns.'
Originally reported by techcrunch.com
Read the original article →Original headline: Benchmark Partners Say They'll Hold the 2-3 Deals a Year Rhythm Despite Record $2B Across Two Funds