Viewpoints

The “house” of Benchmark is widely regarded as one of Silicon Valley’s most successful VC firms. Among its many notable investments, Benchmark was an early backer […]

There are several ways to measure VC fund performance. Once a fund is fully realized, Net IRR is arguably the most informative metric because it captures […]

CNBC just released its annual Disruptor 50 ranking — a list of late-stage venture-backed companies viewed as the most innovative and potentially transformative across industries. We […]

If there was any doubt that public market investors were desperate for AI exposure, Cerebras’ IPO answered it. Earlier this week, Cerebras increased both the price […]

When Fabrica Ventures invested in Palantir Technologies in 2020, one characteristic initially bothered us: its gross margins hovered around ~60%, well below the ~75% benchmark of […]

(From São Paulo — arguably the best restaurant city in the world) Last week, the tech giants Amazon, Alphabet, and Microsoft reported Q1 earnings. All three […]

Sacra was built on a simple premise: private markets deserve the analytical rigor public markets take for granted. This means institutional-grade depth on fundamentals, with modeling […]

I first met Alexandre Villela about five years ago at a small get-together at a friend’s house in San Jose — an early Tesla investor and […]

We’ve known the core Sacra team — Marcelo Ballve, Jan-Erik Asplund, and Walter Chen — for many years. Sacra is a venture research powerhouse — one […]