News Summary

• Victor Lazarte became known in tech for co-founding mobile gaming company Wildlife Studios.
• During his two years at Benchmark, Lazarte invested in recruiting and data labeling startup Mercor, AI video intelligence platform HeyGen, and AI infrastructure company Decart AI.
• Lazarte is leaving Benchmark to “build a new investment practice,” he wrote in the post.
• He is the second investor to step down from Benchmark’s partnership this year.
• The remaining partners at the storied firm include Peter Fenton, Eric Vishria, and Chetan Puttagunta.