Benchmark made a rare addition to its highly successful partnership this week: investor and entrepreneur—and brother of OpenAI CEO Sam Altman—Jack Altman.
As such, Altman’s job will now be all about leading Series A financings into startups—a stage he said he loves, “when there’s enough going on that an investor can be useful but not so much that you can’t have an impact.” But the Series A math for a boutique firm like Benchmark has become trickier over the years. READ MORE