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Bill Gurley

52 statements across 19 episodes · 16 bullish · 21 bearish · 16 people on the record · first statement Jun 1, 2015 by Jason Calacanis · said 331 times in 131 episodes since 2015 · across every show →

On the record as a speaker too: Bill Gurley's record, appearances and statements → this page counts the times other people say the name.

Mentions by year

brought up most by Harry Stebbings (161), Jason Lemkin (21), Chris Sacca (16), Shervin Pishevar (12), Rory O'Driscoll (8), Aaron Hirschhorn (7), Jason Calacanis (5), Jamin Ball (5)

tap a year for its mentions
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01325201520162017201820192020202120222023202420252026episodes it came up in
00213425201520162017201820192020202120222023202420252026episodesmentions per episode
2026 21 mentions in 12 episodes 2 per episode
2025 61 mentions in 24 episodes 3 per episode
2024 51 mentions in 17 episodes 3 per episode
2023 11 mentions in 7 episodes 2 per episode
2022 61 mentions in 19 episodes 3 per episode
2021 23 mentions in 7 episodes 3 per episode
2020 43 mentions in 14 episodes 3 per episode
2019 15 mentions in 8 episodes 2 per episode
2018 10 mentions in 6 episodes 2 per episode
2017 4 mentions in 4 episodes 1 per episode
2016 24 mentions in 10 episodes 2 per episode
2015 7 mentions in 3 episodes 2 per episode

every mention, scene by scene, with the transcript →

Everything said about Bill Gurley, oldest first

Jun 1, 2015
Disclosure
Calacanis details early Uber investment alongside Bill Gurley and Shervin Pishevar
“I was the angel investor in Uber, Bill Gurley did the A round, Shervin did the B”
Jason Calacanis Jun 1, 2015 ▶ 14:56 Jason Calacanis: The World's Greatest Angel Investor
Aug 17, 2015 positive
Opinion
Galston: Bill Gurley's 10 marketplace drivers essay is the absolute Bible
“The Bible here which I'm sure you've read the Bible here is, is Bill Gurley's kind of 10 marketplace drivers blog posts that he wrote in like, it's the absolute Bible. And if you want to even, you know, have like a working knowledge of digital marketplace busi…”
Ezra Galston Aug 17, 2015 ▶ 10:11 20 VC 063: What It Takes To Standout In A Crowded Market with Ezra Galston @ Chicago Ventures
Dec 3, 2018 positive
Disclosure
Danny Rimer: Index Ventures Restructured Good Eggs After Other Investors Bailed
“The second one was, Good Eggs was an example of a company that we invested in. It basically went under. We had to restructure it. The other investors decided to bail. We brought in a new CEO who He, as Jeff Wiener talks about with Reid Hoffman, had a founding …”
Danny Rimer Dec 3, 2018 ▶ 37:32 20VC: Index's Danny Rimer on His Biggest Lessons On Price, Ownership, Board Dynamics & Building Consumer Businesses from Backing The Likes of King, Skype, Farfetch, Glossier and more...
Mar 4, 2019 positive
Insight
Top VCs like Bill Gurley take more risk later in their careers
“Experienced venture capitalists and some of the most well-known venture capitalists, Bill Gurley, Doug Leone, Jim Getz, the further along they've got in their career, the more risk they take.”
Jeff Richards Mar 4, 2019 ▶ 30:02 20VC: The Transition From Founder To CEO, How To Determine When To Stretch On Price in Venture & The Benefits of Attribution for Partnership Dynamics with Jeff Richards, Managing Partner @ GGV Capital
Jun 24, 2019
Assertion Partly supported
Gurley: Most Multi-Decade VC Returns Accrue at Cycle Ends
“The vast majority of the average returns over a multi-decade window are right at the end of the cycle.”
Bill Gurley Jun 24, 2019 ▶ 8:40 20VC: Benchmark's Bill Gurley on 5 Traits Benchmark Look For When Adding To The Partnership, Why The Abundance of Capital Is Today's Biggest Challenge in VC & The Right Way To Think About Market Size When Assessing Opportunities
Jun 24, 2019 positive
Assertion Supported
Gurley: Benchmark Provides Equal Financial Economics to All Investment Partners
“Benchmark's structured in a very unique way where our investment partners all have equal economics, and I think that does an amazing job of speaking to the newer members of our team that their voice matters,”
Bill Gurley Jun 24, 2019 ▶ 20:11 20VC: Benchmark's Bill Gurley on 5 Traits Benchmark Look For When Adding To The Partnership, Why The Abundance of Capital Is Today's Biggest Challenge in VC & The Right Way To Think About Market Size When Assessing Opportunities
Jun 24, 2019 positive
Insight
Gurley: Venture capital inherently favors younger investors
“I think venture capital bends towards youth. There's a hustle element. There's a curiosity element. There's a lot of these really big outcomes are started by people that are 19 to 21.”
Bill Gurley Jun 24, 2019 ▶ 22:53 20VC: Benchmark's Bill Gurley on 5 Traits Benchmark Look For When Adding To The Partnership, Why The Abundance of Capital Is Today's Biggest Challenge in VC & The Right Way To Think About Market Size When Assessing Opportunities
Jun 24, 2019 bullish
Insight
Gurley: Capture late-cycle market upside rather than playing defensive
“The best way to protect against the downside is to enjoy every last bit of the upside. I've got no incentive to change my operating principles or the way I go about doing the job just because I think one day the cycle might end. And so I'm going to be operatin…”
Bill Gurley Jun 24, 2019 ▶ 26:31 20VC: Benchmark's Bill Gurley on 5 Traits Benchmark Look For When Adding To The Partnership, Why The Abundance of Capital Is Today's Biggest Challenge in VC & The Right Way To Think About Market Size When Assessing Opportunities
Jun 24, 2019
Insight
Gurley: VCs Accumulate Risk Slowly but Become Risk-Averse Overnight
“When markets bust, risk aversion comes on immediately, like overnight, boom, and so you have this very different principle, like we take on more risk slowly, but we recognize risk quite quickly when market busts.”
Bill Gurley Jun 24, 2019 ▶ 7:21 20VC: Benchmark's Bill Gurley on 5 Traits Benchmark Look For When Adding To The Partnership, Why The Abundance of Capital Is Today's Biggest Challenge in VC & The Right Way To Think About Market Size When Assessing Opportunities
Jun 24, 2019 positive
Disclosure
Gurley: I Am Emotionally Vulnerable to Network Effects and UGC Pitches
“It's a better question for the other four, but I suspect it has something to do with Network effects, or user-generated content, or those types of concepts are, like, emotionally appealing to me. So if anyone walks in and uses those two phrases, I might have a…”
Bill Gurley Jun 24, 2019 ▶ 21:25 20VC: Benchmark's Bill Gurley on 5 Traits Benchmark Look For When Adding To The Partnership, Why The Abundance of Capital Is Today's Biggest Challenge in VC & The Right Way To Think About Market Size When Assessing Opportunities
Jun 24, 2019
Insight
Gurley: A VC's long-term reputation dictates their future deal flow
“You know, if you're going to be a successful venture capitalist, For two or three decades, you're going to have a reputation, and your reputation is going to be a part of what allows you to win or not win investment opportunities in the future, and so you'd be…”
Bill Gurley Jun 24, 2019 ▶ 18:45 20VC: Benchmark's Bill Gurley on 5 Traits Benchmark Look For When Adding To The Partnership, Why The Abundance of Capital Is Today's Biggest Challenge in VC & The Right Way To Think About Market Size When Assessing Opportunities
Jun 24, 2019
Insight
Gurley: Venture capitalists spend 85% to 90% of their time selling
“I think people on the outside may not realize how much selling goes into venture capital. It's probably the one thing that I didn't realize when I joined that I know innately now. But I could argue you're spending 85 or 90% of your time selling, and so if you …”
Bill Gurley Jun 24, 2019 ▶ 24:30 20VC: Benchmark's Bill Gurley on 5 Traits Benchmark Look For When Adding To The Partnership, Why The Abundance of Capital Is Today's Biggest Challenge in VC & The Right Way To Think About Market Size When Assessing Opportunities
Jun 24, 2019 negative
Assertion Supported
Gurley: Startup Burn Rates Are Orders of Magnitude Higher Than 1999
“The burn rates now are probably tours of magnitude higher than they were in the 99, 2000 timeframe for some of these companies.”
Bill Gurley Jun 24, 2019 ▶ 9:57 20VC: Benchmark's Bill Gurley on 5 Traits Benchmark Look For When Adding To The Partnership, Why The Abundance of Capital Is Today's Biggest Challenge in VC & The Right Way To Think About Market Size When Assessing Opportunities
Dec 3, 2020 positive
Assertion Supported
Stitch Fix Reached Cash Flow Positivity in 3 Years on $42M Raised
“Prior to their IPO in 2017, Katrina raised just forty two million dollars in venture funding, from some of the very best in venture, including Bill Gurley at Benchmark and Steve Anderson at Baseline, and in just six years, Katrina took the company from foundin…”
Harry Stebbings Dec 3, 2020 ▶ 0:28 20VC: Stitch Fix Founder Katrina Lake on Growth vs Profitability, Her Biggest Lessons From Working with Bill Gurley at Benchmark and The Importance of Mental Flexibility as a Leader
Dec 3, 2020 positive
Opinion
Katrina Lake: Bill Gurley Foresaw Stitch Fix's Future Years in Advance
“Bill's been an incredible, incredible board member. I mean, he's added so much value to our board. There's so many instances where I look back and I'm like, Bill saw the future, you know, years before I saw it.”
Katrina Lake Dec 3, 2020 ▶ 24:43 20VC: Stitch Fix Founder Katrina Lake on Growth vs Profitability, Her Biggest Lessons From Working with Bill Gurley at Benchmark and The Importance of Mental Flexibility as a Leader
Jan 4, 2021
Insight
Gurley: Conservative founders will be left behind by aggressive competitors
“Well, unfortunately, you are forced to play the game on the field. So if you act conservatively, and your two competitors act aggressively, you will be left behind.”
Bill Gurley Jan 4, 2021 ▶ 8:32 20VC: Bill Gurley and Howard Marks: What Happened In 2020? What Can We Expect Looking Forward to 2021?
Jan 4, 2021 bearish
Prediction Not checkable as stated
Gurley: Markets favoring growth over profits create massive company wrecks
“When the world is rewarding, aggressive growth, don't care about profitability, you're going to have a mix of end results. You're going to have some of the snowflakes in Amazons, and you're going to end up with a lot of wrecks on the, you know, massive wrecks.”
Bill Gurley Jan 4, 2021 ▶ 9:15 20VC: Bill Gurley and Howard Marks: What Happened In 2020? What Can We Expect Looking Forward to 2021?
Jan 4, 2021 bearish
Prediction Not checkable as stated
Gurley: Policy restricting innovation will catastrophically hurt standard of living
“And I fear that some of the policy reactions to some of the hardships of our time are people that want to Take the exact opposite approach rather than enable innovation. They want to lock it down and prevent it from happening, which I think will have catastrop…”
Bill Gurley Jan 4, 2021 ▶ 32:05 20VC: Bill Gurley and Howard Marks: What Happened In 2020? What Can We Expect Looking Forward to 2021?
Jan 4, 2021 positive
Insight
Gurley: Free trade and capitalism drive massive gains in living standards
“I think that there is a real truth to the fact that capitalism, free trade, globalization unlocks, you know, massive increases in standard of living.”
Bill Gurley Jan 4, 2021 ▶ 31:51 20VC: Bill Gurley and Howard Marks: What Happened In 2020? What Can We Expect Looking Forward to 2021?
Jan 4, 2021 bearish
Opinion
Howard Marks: Tech automation threatens long-term employment for manual laborers
“Longer term, I worry about employment, mainly because of the stuff Bill does. You know, his companies are replacing labor with computing power, to over-exaggerate. I worry about where people whose main asset is a strong back are going to get jobs in the longer…”
Howard Marks Jan 4, 2021 ▶ 13:55 20VC: Bill Gurley and Howard Marks: What Happened In 2020? What Can We Expect Looking Forward to 2021?
Jan 4, 2021
Disclosure
Gurley: Benchmark bought three public stocks during March 2020 market crash
“We actually invested in three public stocks in that Those two weeks, which is something we don't even do normally for the same reason.”
Bill Gurley Jan 4, 2021 ▶ 22:18 20VC: Bill Gurley and Howard Marks: What Happened In 2020? What Can We Expect Looking Forward to 2021?
Jan 4, 2021 bullish
Prediction Not checkable as stated
Gurley: Technology will massively expand global talent and opportunity matching
“And so I think in the future, we're going to have this massive ability to match whatever your comparative advantage is as an individual with way more financial opportunities and way more ways of means of making money than you had in the past. It's almost like …”
Bill Gurley Jan 4, 2021 ▶ 38:40 20VC: Bill Gurley and Howard Marks: What Happened In 2020? What Can We Expect Looking Forward to 2021?
Jan 4, 2021 bearish
Opinion
Gurley: Ignore Airbnb and DoorDash valuations until post-lockup expiration
“I wouldn't put too much on an Airbnb or DoorDash valuation. I'd wait until you get, you know, three to six months past the lockup release when you have full of”
Bill Gurley Jan 4, 2021 ▶ 23:45 20VC: Bill Gurley and Howard Marks: What Happened In 2020? What Can We Expect Looking Forward to 2021?
Jan 4, 2021 negative
Assertion Supported
Gurley: SPAC companies are more speculative with some EV firms showing zero revenue
“To date, a lot of the companies that have gone out via SPAC are more speculative than ones that would take a traditional IPO route, and you could measure that by their level of profitability or their level of immaturity from a revenue standpoint, some of which…”
Bill Gurley Jan 4, 2021 ▶ 32:48 20VC: Bill Gurley and Howard Marks: What Happened In 2020? What Can We Expect Looking Forward to 2021?
Jan 4, 2021 negative
Opinion
Gurley: The boom in SPACs is enabled by flaws in traditional IPOs
“I believe a large part of why it's Possible is because of the problems with the IPO market.”
Bill Gurley Jan 4, 2021 ▶ 33:08 20VC: Bill Gurley and Howard Marks: What Happened In 2020? What Can We Expect Looking Forward to 2021?
Jan 4, 2021 bearish
Insight
Gurley: Tech valuations imply impossible 100% annual growth for 10 years
“You're going to have implied taggers of a hundred percent for 10 years just to be able to earn your way into the valuation.”
Bill Gurley Jan 4, 2021 ▶ 24:32 20VC: Bill Gurley and Howard Marks: What Happened In 2020? What Can We Expect Looking Forward to 2021?
Dec 6, 2021
Insight
Gurley: Trying to call market tops is a venture investor's biggest mistake
“And so, I think you have to invest as a venture capitalist over the cycle, like, over a 20 or thirty-year period, and the biggest mistake you could possibly make is trying to call the top.”
Bill Gurley Dec 6, 2021 ▶ 20:35 20VC: Bill Gurley and Michael Eisenberg on The First Signs of an Impending Bust, What Happens with a Market Crash, How Do Public Markets Impact Private Valuations & The Biggest Lessons from 20 Years Investing in Venture
Dec 6, 2021 positive
Insight
Gurley: Speculative busts leave behind valuable infrastructure that benefits society long-term
“Yeah, I mean, other people have talked about this, but, you know, if you look back at a 2000 time frame, a lot of the money that was, that busted went into telecom infrastructure, and people argue that we are better off having that stuff built out, even if the…”
Bill Gurley Dec 6, 2021 ▶ 37:57 20VC: Bill Gurley and Michael Eisenberg on The First Signs of an Impending Bust, What Happens with a Market Crash, How Do Public Markets Impact Private Valuations & The Biggest Lessons from 20 Years Investing in Venture
Dec 6, 2021 negative
Insight
Gurley: Major Shareholders Cannot Realistically Sell Large Secondary Stakes Privately
“If you own 20% of a company and they're raising a private round and you try and take half of that off the table, you're going to affect the price pretty dramatically. So I don't think those type situations are realistic liquidity events for large shareholders.”
Bill Gurley Dec 6, 2021 ▶ 24:30 20VC: Bill Gurley and Michael Eisenberg on The First Signs of an Impending Bust, What Happens with a Market Crash, How Do Public Markets Impact Private Valuations & The Biggest Lessons from 20 Years Investing in Venture
Dec 6, 2021 negative
Insight
Gurley: Nine-Month Venture Deployment Cycles Eliminate Portfolio Time Diversity
“I also think there's massive benefit to time diversity in a portfolio. Having lived through cycles before you spend a fund in nine months, you've got no time diversity on that.”
Bill Gurley Dec 6, 2021 ▶ 27:13 20VC: Bill Gurley and Michael Eisenberg on The First Signs of an Impending Bust, What Happens with a Market Crash, How Do Public Markets Impact Private Valuations & The Biggest Lessons from 20 Years Investing in Venture
Dec 6, 2021 bearish
Assertion Not checkable as stated
Gurley: 2021 tech market resembles 1999 dot-com bubble more than 2016
“Compared where we were to the dot-com bubble five years ago, and I have a little bit of a chicken little reputation issue here, but things are clearly more like 99 today than they were five years ago”
Bill Gurley Dec 6, 2021 ▶ 3:20 20VC: Bill Gurley and Michael Eisenberg on The First Signs of an Impending Bust, What Happens with a Market Crash, How Do Public Markets Impact Private Valuations & The Biggest Lessons from 20 Years Investing in Venture
Dec 6, 2021
Insight
Gurley: Real VC risk is missing a winner, not losing $10M
“When I think back on that or any of the other misses, there's just this failure to imagine how high is up and to recognize that the risk is really missing it rather than losing ten million dollars.”
Bill Gurley Dec 6, 2021 ▶ 35:52 20VC: Bill Gurley and Michael Eisenberg on The First Signs of an Impending Bust, What Happens with a Market Crash, How Do Public Markets Impact Private Valuations & The Biggest Lessons from 20 Years Investing in Venture
Dec 6, 2021 bullish
Insight
Gurley: IPOs popping 50% to 70% are far more expensive than SPACs
“You know, everyone says SPACs are expensive, but when your stock pops 50 to 70% in the IPO, that's way more expensive than a SPAC, and so it created this window.”
Bill Gurley Dec 6, 2021 ▶ 28:36 20VC: Bill Gurley and Michael Eisenberg on The First Signs of an Impending Bust, What Happens with a Market Crash, How Do Public Markets Impact Private Valuations & The Biggest Lessons from 20 Years Investing in Venture
Dec 6, 2021 bearish
Assertion Contradicted
Gurley: Non-SaaS mid-cap public tech stocks dropped 50% in six months
“You know, people were forwarding around some charts on Twitter that showed a lot of the non-SaaS, non-FANG, mid-cap public companies. They're already average cut in half right now. In the past six months, no one's really paying attention to it”
Bill Gurley Dec 6, 2021 ▶ 8:16 20VC: Bill Gurley and Michael Eisenberg on The First Signs of an Impending Bust, What Happens with a Market Crash, How Do Public Markets Impact Private Valuations & The Biggest Lessons from 20 Years Investing in Venture
Dec 6, 2021 neutral
Assertion Partly supported
Gurley: Institutional LPs and endowments are full on venture capital allocations
“I'll call it tiger chase, and so I've seen some signs that Would suggest they're full, actually, partially because of the returns and partially because of, you know, how far do you want to take the risk on morphing your asset allocation model?”
Bill Gurley Dec 6, 2021 ▶ 41:33 20VC: Bill Gurley and Michael Eisenberg on The First Signs of an Impending Bust, What Happens with a Market Crash, How Do Public Markets Impact Private Valuations & The Biggest Lessons from 20 Years Investing in Venture
Dec 6, 2021 negative
Disclosure
Gurley: Failing to pursue Google at 25 employees was my biggest mistake
“My biggest mistake was clear because I brought Larry and Sergey in to present when there were 25 employees, and we didn't lay chase.”
Bill Gurley Dec 6, 2021 ▶ 35:36 20VC: Bill Gurley and Michael Eisenberg on The First Signs of an Impending Bust, What Happens with a Market Crash, How Do Public Markets Impact Private Valuations & The Biggest Lessons from 20 Years Investing in Venture
Jan 20, 2022 positive
Assertion Not checkable as stated
Sacca: Bill Gurley directly confronts founders in board meetings to instil discipline
“I've watched Bill Gurley knuckle up in board meetings and call bullshit, because that's the place it needs to get done, and if you don't build that rigor and discipline early on, you're not setting yourself up to be a world-class company”
Chris Sacca Jan 20, 2022 ▶ 27:50 Chris Sacca's True Unfiltered Opinion on Facebook and Softbank | Full Interview · 20VC with Harry Stebbings
Jan 20, 2022 positive
Assertion Not publicly verifiable
Bill Gurley presented six vetted public CFO candidates at an Uber meeting
“We were in an early Uber board meeting once, and we needed a CFO. And I kind of, I, They said, okay, we need a CFO. And I stopped and I think, okay, like who could be a CFO? And I'm thinking of like old Google people who were like director of finance and maybe…”
Chris Sacca Jan 20, 2022 ▶ 1:01:37 Chris Sacca's True Unfiltered Opinion on Facebook and Softbank | Full Interview · 20VC with Harry Stebbings
Jun 29, 2022 negative
Insight
Gurley: There Is No Such Thing as Conservative Venture Capital
“There's no such This thing is conservative venture. You don't take your cards off the table and maximize return. It never works.”
Bill Gurley Jun 29, 2022 ▶ 4:29 20VC: The Memo: Bill Gurley, Doug Leone, Keith Rabois; Investing Lessons from Prior Busts, How Their Investor Psychology Changed, What Can Be Applied To Today's Market
Jun 29, 2022
Disclosure
Gurley sought macro advice from Howard Marks and Stan Druckenmiller
“Funny story, about two or three years ago, when interest rates were heading into unprecedented territory, I told my partners I needed to talk to some macro experts, and I did everything I could to find my way to Howard and Stan Druckenmiller, and I was thrille…”
Bill Gurley Jun 29, 2022 ▶ 3:33 20VC: The Memo: Bill Gurley, Doug Leone, Keith Rabois; Investing Lessons from Prior Busts, How Their Investor Psychology Changed, What Can Be Applied To Today's Market
Aug 12, 2022
Insight
Gurley: Trying to call the market top is a VC's biggest mistake
“I think you have to invest as a venture capitalist over the cycle, like over a 20 or thirty-year period, and the biggest mistake you could possibly make is trying to call the top.”
Bill Gurley Aug 12, 2022 ▶ 6:09 20VC: 13 of the Great Investing Minds on When to Pay Up vs When To Remain Disciplined and Walk Because the Price is too High: The Ultimate Guide to Price Sensitivity
Oct 25, 2022 negative
Opinion
Emil Michael: Benchmark's Bill Gurley is a catastrophist who constantly fears crashes
“I believe he's a catastrophist. Catastrophists are one who the sky's always falling”
Emil Michael Oct 25, 2022 ▶ 40:25 Emil Michael: How I Negotiated the $4B Uber-China Deal, Why DoorDash Caught Up to Uber | 20VC #941 · 20VC with Harry Stebbings
Oct 25, 2022
Assertion Contradicted
Benchmark turned a $33M Uber investment into $10B in four years
“Bill Gurley was on our board, lost her nerve. And the reality is there's another economic principle called loss aversion, right? If you invest thirty three million dollars in Uber and it looks like ten billion four years later, ten billion on a thirty three mi…”
Emil Michael Oct 25, 2022 ▶ 39:04 Emil Michael: How I Negotiated the $4B Uber-China Deal, Why DoorDash Caught Up to Uber | 20VC #941 · 20VC with Harry Stebbings
Nov 4, 2022 positive
Assertion Not checkable as stated
Mauboussin: Bill Gurley pioneered applying return on capital and increasing returns
“I think he's very early on understanding the importance of return on capital investment returns, cash flows, and he applied it right away. Very successfully, by the way, in investments. The second is he was very early on and understanding Brian Arthur's work o…”
Michael Mauboussin Nov 4, 2022 ▶ 46:24 Michael Mauboussin: The Single Biggest Mistake Investors Make In Decision-Making | 20VC #945 · 20VC with Harry Stebbings
Feb 9, 2024
Insight
Gurley: Trying to call the market top is a VC's biggest mistake
“I think you have to invest as a venture capitalist over the cycle, like, over a 20 or thirty-year period, and the biggest mistake you could possibly make is trying to call the top, and so, unfortunately, I think, you know, have a little, I call it the Thelma a…”
Bill Gurley Feb 9, 2024 ▶ 8:42 20VC: Doug Leone, Bill Ackman, Bill Gurley and Orlando Bravo on "Does Price Matter"; When to Pay Up vs When to Stay Disciplined, The Biggest Lessons on Price Discipline from 8 of the World's Best Investors
Feb 9, 2024 neutral
Assertion Supported
Gurley: Benchmark practices stage discipline, not price discipline
“I think he's misinterpreting price discipline for stage discipline. So we have notably stayed focused on early stage investing, whereas most people have moved to multi-stage. I think that makes the impression look like that your price discipline because you're…”
Bill Gurley Feb 9, 2024 ▶ 9:45 20VC: Doug Leone, Bill Ackman, Bill Gurley and Orlando Bravo on "Does Price Matter"; When to Pay Up vs When to Stay Disciplined, The Biggest Lessons on Price Discipline from 8 of the World's Best Investors
Jul 29, 2024 negative
Opinion
Asparouhov: Bill Gurley's firing of Travis Kalanick was morally depraved
“I wish that, you know, Bill Gurley's, you know, firing of Travis, you know, was, you know, sort of talked about more publicly about how morally depraved that entire basically situation was so that people can choose to opt into.”
Delian Asparouhov Jul 29, 2024 ▶ 42:16 Delian Asparouhov: Inside the Walls of Founders Fund: What the World Does Not See | E1183 · 20VC with Harry Stebbings
Aug 26, 2024 negative
Opinion
Khan: Criticizing 20% to 50% IPO stock pops is misguided
“So I have great respect for Bill Gurley. He's a very, very smart guy incredibly talented, but this one thing I think he, I don't agree with him, you know I think he's over-focused on One day stock pricing. Ah, now listen, if the stock doubles, that's obviously…”
Imran Khan Aug 26, 2024 ▶ 26:44 Imran Khan: Why the IPO Market is Not Closed & Lessons From Taking Snap & Alibaba Public | E1194 · 20VC with Harry Stebbings
Jan 13, 2025 negative
Opinion
Pishevar: Bill Gurley was the wrong VC on Uber's board
“We had the wrong venture capitalists on the board. Unfortunately, in my opinion, it was Bill Gurley at Benchmark.”
Shervin Pishevar Jan 13, 2025 ▶ 0:17 Shervin Pishevar: What Really Happened in the Firing of Travis Kalanick | E1245 · 20VC with Harry Stebbings
Jan 13, 2025 negative
Assertion Contradicted
Pishevar: Bill Gurley hired PIs and met weekly to oust Travis Kalanick
“We found out in our investigation that he hired Some private investigators had weekly meetings about how do we get rid of Travis.”
Shervin Pishevar Jan 13, 2025 ▶ 0:24 Shervin Pishevar: What Really Happened in the Firing of Travis Kalanick | E1245 · 20VC with Harry Stebbings
Nov 6, 2025 negative
Opinion
O'Driscoll: Navan's IPO Proves Bill Gurley's Pricing Critique Is Wrong
“Actually, this actually shows that sometimes Bill Gurley is wrong because his idea is that these IPO share allocations are called free money. You get your IPO. It always goes up and the leaving value on the table. This is an example of an IPO where, you know, …”
Rory O'Driscoll Nov 6, 2025 ▶ 4:22 Is a $4.5BN Exit Enough in VC? & Harvey Raises $150M & Why Google is a Buy and Amazon is a Sell · 20VC with Harry Stebbings
Apr 18, 2026 negative
Assertion Supported
Geoffrey Woo: Uber Burned Tens of Billions on Paid Marketing
“I just saw that Bill Gurley was tweeting that you know, paid marketing is, like, the worst form of marketing, and I'm just like, hey, Uber, like, he's most well known for kicking out Travis from Uber, and Uber burnt, like, tens of billions of dollars on straig…”
Jeffrey Wu Apr 18, 2026 ▶ 12:00 Jake Paul: Traditional VC is Toast & Attention is More Valuable than Cash · 20VC with Harry Stebbings
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