Posted on sixth Could 2024 by Harry
Sarah Tavel is a Basic Associate @ Benchmark, some of the profitable and famend enterprise corporations on the earth. At Benchmark, Sarah has led rounds in Chainalysis, Hipcamp, Medely, Rekki, Glide, Cambly and extra. Previous to Benchmark, Sarah was a Associate at Greylock Companions. Earlier than Greylock, Sarah was the primary 30 staff at Pinterest. Sarah joined Pinterest in 2012 after co-leading the Sequence A funding whereas at Bessemer Enterprise Companions.
In At this time’s Episode with Sarah Tavel We Talk about:
1. Changing into a GP at The Most Famend Agency in Enterprise:
- How did the method of Sarah becoming a member of Benchmark begin? How did it progress? What was it that satisfied her to go away Greylock and be a part of Benchmark?
- What does Sarah imagine makes Peter Fenton the world-class investor that he’s?
- What does Sarah know now that she needs she had identified when she began in enterprise?
2. Basis Fashions: Is it All Going to Zero:
- Will basis fashions be commoditised?
- Will 99% of the funding going to basis fashions go to 0?
- How does Sarah view the way forward for open vs closed supply?
- Why does Sarah imagine that every one frontier fashions of the longer term will likely be closed-source?
- Why does the enterprise mannequin of basis fashions remind Sarah of the meals supply enterprise?
3. Utility Layer: The place $BN Corporations Will Be Constructed:
- Why does Sarah imagine that sustainable value-creating firms will likely be within the utility layer?
- How does Sarah decide between a wrapper on prime of ChatGPT and true product worth?
- Are enterprises opening actual budgets for AI as we speak or are we nonetheless in experimental budgets?
- How does Sarah take into consideration how AI firms differentiate when there are such a lot of in the identical house of customer support, gross sales staff assist and so forth and so forth?
- Why does Sarah imagine that it’s rational to pay extra for these firms when investing in them?
- What does Sarah imply when she says the longer term is “promoting the work and never the instruments”?
4. Inside Benchmark: How the Finest Do Enterprise:
- What’s the one rule that Benchmark is keen to interrupt when doing a deal?
- Why do Benchmark purpose to be the perfect recruitment agency on the earth?
- Why do Benchmark not agree with the idea of reserves?
- In a case the place Benchmark have misplaced, why did they lose? How did they alter their strategy?
