Our Legacy
THE
STORY OF
Benchmark management
The Development History of Benchmark: The Rise of Legendary Venture Capital in Silicon Valley 🚀
Benchmark is one of the most influential early-stage venture capital firms in Silicon Valley, known for its streamlined teams, high success rates, and highly forward thinking investments. Since its establishment in 1995, Benchmark has created multiple legends in the technology investment industry.
Our Journey
After the Internet foam burst in 2000, Benchmark avoided most risks and increased its investment in social media, software and mobile Internet in the following decade: Twitter（2007） Zillow（2005） Yelp（2005）
OpenTable（2006） Bill Gurley joined Benchmark in 1999 and later became an early investor in Uber, bringing huge returns to the company.
Benchmark seized the dividends of mobile Internet and social networks in the 2010s and invested in: Instagram (2010) → Acquired by Facebook Snapchat (2013) → Later IPO Uber (2011) → One of the Major Success Stories Discord (2015) → Still growing rapidly These investments have brought Benchmark's influence to its peak and made it a benchmark in the venture capital industry.
In the era of artificial intelligence, Benchmark still focuses on early-stage investments and avoids setting up large growth funds like Andreessen Horowitz: Here (AI field) General Fusion (Clean Energy) Clubhouse (Social Audio) In 2024, Benchmark raised $425 million for investment in the AI field. 🎯 The uniqueness of a benchmark Team streamlining: Always maintain 5-6 partners for quick decision-making. No growth fund: Focus only on early-stage investments and do not engage in late stage follow-up investments. Partner Equality: All partners share profits without hierarchical management. Extremely visionary: at every critical turning point in the history of technology, the right bets have been made (eBay, Uber, Instagram, Snapchat, Discord, etc.).
Benchmark has become one of the most elite and precise venture capital firms in Silicon Valley in less than 30 years. Their success is not just about financial investment, but also about creating technological legends through small teams, broad perspectives, and precise decision-making.