Eight years after joining Benchmark as the company’s first partner, Sarah Tavel announced that she was going to a more limited role at Hapeure Venture.
In his latest position as a partner Venture Tavel will proceed to invest and serve existing company boards, but will have more time to examine “AI tools on the edge” and considering about the direction of artificial intelligence, she wrote.
Tavel joined Benchmark in 2017 after spending a half years as a partner in Greylock and three years as a product manager at Pinterest. Before Pinterest, Tavel was an investor in Bessemer Venture Partners, where she helped Source Pinterest and Github.
Since its foundation in 1995, the benchmark intentionally maintained a small team of six or fewer general partners. Unlike most VC corporations, in which older partners normally receive most of the management and profits fees, the benchmark acts as an equal partnership, and all partners share fees and returns equally.
During his term as a general partner of Benchmark, Tavel invested in Hipcamp on the campsite, chains of cryptocurrency intelligence startups and the Supergreaty cosmetic platform, which was purchased by Whatnot in 2023. Tavel also supported the application for sharing photos of Paparazhi, which closed two years ago, and the AI 11x sales platform, about which TechCrunch wrote.