Fund: Benchmark Capital
Posted by Anonymous on 2008-07-19
Ariba, Kana, Broadbase, Friendster.
This VC has tried to build many companies like Friendster, WebVan, Living.com and MVP.com by hiring rock-star, big-company talent. Then hyping the company to unsustainable stock-market success.
Even when Benchmark has taken companies public and recognized significant returns off them, in many cases the management team they put in place, the race to go public, or the race to sell the company has caused the company to collapse or have long term problems.PRIVATE: Members Only (1218 Characters)