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The best products are adopted bottom-up by developers before the CTO even knows they exist. That’s real product-market fit.
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Philosophy taught me to ask better questions. In venture capital, the quality of your questions determines the quality of your investments.
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At Benchmark, we only make money on carried interest. No management fees to get rich off. That’s alignment.
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Twitter was chaos. Three CEO changes, constant internal fights. But the product had something people needed. That’s what you bet on.
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Small funds force discipline. You can’t hide bad bets behind 50 portfolio companies when you only have 15.