Ev Randle is a General Partner @ Benchmark, one of the best funds in venture capital. In their latest fund, they have Mercor ($10BN valuation), Sierra ($10BN valuation), Firework ($4BN valuation), Legora ($2Bn valuation) and Langchain ($1.4Bn valuation). To put this in multiples on invested capital, that is a 60x, two 30x and two 20x. Before Benchmark, Ev was a Partner @ Kleiner Perkins and before Kleiner, Ev was an investor at Founders Fund and Bond. ----------------------------------------------- Timestamps: 00:00 Intro 01:46 Biggest Investing Lessons from Peter Thiel, Mary Meeker and Mamoon Hamid 14:07 OpenAI Will Be a $TRN Company & OpenAI or Anthropic: Who Wins Coding? 24:12 Why We Should Not Focus on Margin But Gross Dollar Per Customer 30:41 Why AI Labs are the Biggest Threat to AI App Companies 41:15 Do Benchmark Fire Founders? If so… Truly the Best Partner? 55:48 People, Product, Market: Rank 1-3 and Why? 59:14 Why the Mega Funds Have Just Replaced Tiger 01:04:33 GC, Lightsp...