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Chronicles

The story behind the story

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Sources: Benchmark plans to keep its next fund, expected early next year, about the same size as its previous ones, eschewing trend in VC to raise larger funds

Rolfe Winkler / Wall Street Journal : Tweets: @austenallred and @rolfewinkler Tweets: Austen Allred / @austenallred : So is no one going to talk about how Benchmark arranged a $650 million personal comp package for Spiegel to take Snap public early? http://twitter.com/... Rolfe Winkler / @rolfewinkler : My story on Benchmark's epic seventh fund. Nine unicorns in that one. Over $14b in paper and cash gains, up 25x before fees. Firm could raise billions for growth funds but stays away. http://www.wsj.com/...

Wall Street Journal Rolfe Winkler