Jaden Schaefer
๐ค SpeakerAppearances Over Time
Podcast Appearances
He was at Kleiner Parkins before.
So, you know, Randall's been at a lot of these top VCs and he believes that, you know,
everyday workers should have a quote-unquote AI superpower.
So that's kind of, I think, why they made this investment here.
And of course, $50 million is a big lead.
I mean, they didn't put the full $50 million in, but they led this around.
It's their Series B investment.
And this is also Randall's first deal over at Benchmark.
So he's making his mark.
And this is a cool, this is an impressive deal.
The round had a bunch of other people in it.
There was Nexus Venture Partners, First Round Capital, Y Combinator, Box Group and the Canon Project and Shopify.
So it's interesting because Shopify is one of the customers that uses it and now they're invested.
I think we actually see this a lot with software, especially with these bigger firms.
If they can go find a startup and they're willing to use the product, they like the product, and probably they're seeing a lot of, you know, internally at the company, it's saving them a lot of time and money and their employees are using it.
They're like, well, that's probably going to be the case for a lot of other companies.
And I've actually seen some investors, it's kind of their like, it's their strategy to invest in their, invest in their like expense sheet, basically, that the companies that they spend money on, they invest in them.
So one thing that I think is interesting, Gumloop wasn't actually actively raising money, but Broder said that, you know, the timing felt right and Benchmark kind of reached out to them and said, hey, look, we see you guys are growing.
We'd be interested in helping you put together a round.
And Benchmark, by the way, is the company, I mean, obviously tier one VC, but they've invested in like eBay, Uber, Dropbox.