Benchmark Capital has opened a new office in San Francisco, located on the top floor of the famous Market Street concert venue Warfield Theater (close to Twitter's new mid-Market Street headquarters). The firm will keep its existing office in Menlo Park, but the addition marks the movement of the home for buzz-worthy startups from Silicon Valley to San Francisco. Benchmark's GP Peter Fenton noted that two-thirds of the investments made by his firm since 2009 have been in San Francisco, and the firm's partners also serve on over 20 boards in the city.
