Benchmark is an early stage venture capital firm focusing in Social, Mobile, Local and Cloud companies that disrupt various industries. Founded in 1995, the firm has offices in Menlo Park and San Francisco, California. The firm has been recognized for its commitment to open source and is noted for creating the first equal ownership and compensation structure for its partners. General partners are Matt Cohler, Bruce Dunlevie, Peter Fenton, Bill Gurley, Kevin Harvey, and Mitch Lasky. Since its founding in 1995, Benchmark has invested in more than 250 early stage startups with a market value exceeding $100 billion. Investments have included eBay, Juniper Networks, MySQL, OpenTable, Yelp, Inc., Zillow, Friendster, JAMDAT, Instagram, Hortonworks, Dropbox, Uber, Twitter, Zipcar, Asana, Quora, Gaikai, Demandforce and DOMO. Since the beginning of 2011, Benchmark has had 25 exits: 10 IPOs and 15 M&As representing a total market value of more than $55 billion (as of January 2014).