GoKawiilBenchmark's five partners detail unchanged pace despite $2B fund expansion
At TechCrunch Disrupt, Benchmark's five general partners discussed how the firm raised $2 billion across two funds this summer, only the second time in its 31-year history it has departed from a smaller fund size. Partner Peter Fenton said the firm's core approach to early-stage investing remains unchanged, with the larger fund size reflecting inflation adjustment and a new growth fund expanding the firm's mandate beyond early-stage deals.