Smart money flocks to Idealab's new VC fund. Benchmark's success has reworked the venture capital landscape.
Silver Lake raises a pot of gold.
And Benchmark will be among a small number of firms to take a hefty 30 percent piece of all its fund's returns. By any measure, Benchmark has had a stellar year. It has another five companies in registration, including the highly anticipated PlanetRx and Webvan . It raised its third fund just 10 months ago. The LPs range from university endowments to charitable foundations.