Benchmark is a venture firm that has a rather unique structure that we talk about from time to time, it’s an equal partnership structure, so there’s not a lot of people in this office. Most importantly we don’t have what you would call a farm system for bringing talent on, so a lot of the other firms hire a lot of young people out of MBA programs, they develop them, they let them ride shot gun as they go to board meetings; they have a way to promote people

But anyway, as a result we have to find an alternative way to create generational change and bring new partners on. You can’t sit around with the same partners forever if you want a venture firm to be successful year in year out. Plus, we have a very strong philosophy that young people are going to have a big impact on the industry, and always will. When I came on board I was 32.