Latest / The Startup Exit Podcast with Fexingo: IPOs, Acquisitions, and Founder Liquidity Events
How Benchmark Raised Its First Growth Fund After 30 Years of VC
For thirty years, Benchmark Capital was the purest bet on early-stage venture: nothing but seed and Series A, nothing but the first check into companies like eBay, Uber, and Instagram. Then, in June 2026, Benchmark raised its first-ever growth fund as part of a $2 billion capital raise. Lucas and Luna unpack what that shift means for founders planning exits. Benchmark's move signals that the lines between venture stages are dissolving — and that exit timing is getting squeezed. They discuss how later-stage capital from a legendary early-stage firm can change founder leverage in…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.