![]() According to The Information, Cohler agreed to join the startup’s board of directors to help seal the deal. Reportedly, Matt Cohler - a former Facebook exec who left an active role as a general partner with Benchmark in 2018 after a decade with the firm - separately helped Benchmark secure its spot in summer as the lead Series A investor in Popshop Live, a live-streaming e-commerce platform. He’s now part of a lawsuit alleging fellow WeWork investor SoftBank of breach of contract and breach of fiduciary duty, after SoftBank abandoned a tender offer to buy out earlier shareholders following WeWork’s pulled IPO last year. (Fenton was poached from Accel back in 2006.)īefore hiring Grimshaw, Benchmark’s newest general partner was Chetan Puttagunta, who joined the firm in 2018 from New Enterprise Associates, where he spent more than seven years.īenchmark has done better than some firms when it comes to succession, even while many of its general partners remain involved in startups long after they move on from the firm’s day-to-day operations.įirm cofounder Bruce Dunlevie, for example, joined the board of WeWork back in 2012. Grimshaw also represented Thrive on the board of the cloud collaboration software company Airtable with Peter Fenton, who became the longest-serving general partner at Benchmark this year, as famed VC Bill Gurley began transitioning out of an active role at the firm. He represented Thrive on the board of Benchling - whose software helps lab scientists manage their biotech research - with Eric Vishria, a former entrepreneur and operator who joined Benchmark as a general partner in 2014. ![]() Benchmark, the storied venture firm, has brought aboard a fifth general partner: 29-year-old Miles Grimshaw, a Yale graduate who joins the outfit from Thrive Capital, where he similarly joined a team of four other partners back in 2013, helping them raise the firm’s fourth and fifth funds (per Forbes).įrom his post as a general partner with New York-based Thrive, Grimshaw had sourced deals in some of today’s buzziest startups and served on their boards, including Lattice, Mapbox, Benchling and Airtable, getting to know fellow investors at Benchmark in the process. ![]()
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