Bill Gurley Posts

Benchmark goes big again with new $425 million in 8th investment fund

Benchmark Capital
Benchmark Capital has raised $425 million in their eight investment fund. This is the same amount that Benchmark raised in January 2011 as part of an oversubscribed seventh round. Bill Gurley, Peter Fenton, Mitch Lasky and Matt Cohler are overseeing this fund. Headquartered on the well-known Sand Hill Road in Menlo Park, California, Benchmark Capital was founded in 1995 and invested in eBay, Juniper Networks, Red Hat, OpenTable, Twitter, and Snapchat.
[Source: AllThingsD]

Why Bill Gurley Believes Dropbox Is Disruptive

Benchmark Capital venture capitalist Bill Gurley recently wrote a blog post about why he thinks that Dropbox, a company that he invested in is disruptive. We all know that Dropbox has tons of customers and that they make file synchronization very simple. Nothing really disruptive there. So why is Dropbox being valued at $4 billion?
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Uber Raises $11 Million For Booking Black Car Services On-The-Go

Uber is a company that was founded by StumbleUpon founder Garrett Camp. The company has raised $11 million in a round of funding that gives them a $49 million pre-money and $60 million post-money valuation. Benchmark Capital led the round and Sequoia Capital partner Alfred Lin participated as an individual. Benchmark partner Bill Gurley will be joining the board of directors.
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