Benchmark
Concentrated, equal-partnership early-stage VC — backed Uber, eBay, Snap, Twitter
VC
Early-stage
📍 San Francisco, CA
Founded 1995
AUM
$3.2B
as of 2026-Q1
SMALL
Benchmark is a small, intentionally-concentrated venture firm operating with equal partners and ~$400M fund sizes. Returned >$10B from its $6M investment in eBay alone. Recent named partners include Bill Gurley (now Partner Emeritus), Peter Fenton, Mitch Lasky, and Sarah Tavel.
Firm Profile
Active Fund
Benchmark XI ($425M) · 2023
Notable Partners
Bill Gurley (Partner Emeritus)Peter FentonMitch LaskySarah TavelEric Vishria
Notable Portfolio
ubersnapchattwitterdiscord
Investment Focus
Sectors
Enterprise · Consumer · Crypto
VCTier-1 VCEqual PartnershipConcentrated
Investor data reflects publicly disclosed AUM, fund sizes, and portfolio holdings as of 2026-Q1. Refreshed periodically.