Benchmark almost never backs hardware startups. So Eric Vishria dragged his feet ten years ago before agreeing to hear Cerebras' pitch.

Legal tech startups, including Clio, which just hit $500 million in ARR, are seeing massive customer adoption.

Cerebras priced its IPO at $185, above the range, raising $5.55bn at a $56.4bn valuation. The biggest US tech IPO since Snowflake in 2020.