The best products are adopted bottom-up by developers before the CTO even knows they exist. That’s real product-market fit.

adoptiondeveloper-toolsIndustry conference, 2017

Philosophy taught me to ask better questions. In venture capital, the quality of your questions determines the quality of your investments.

investingphilosophyStanford talk, 2019

At Benchmark, we only make money on carried interest. No management fees to get rich off. That’s alignment.

alignmentbenchmarkLP presentation, 2018

Twitter was chaos. Three CEO changes, constant internal fights. But the product had something people needed. That’s what you bet on.

convictioninvestingInterview, 2015

Small funds force discipline. You can’t hide bad bets behind 50 portfolio companies when you only have 15.

disciplinefocusVC conference, 2020