Gurley: Investors are repeating ZIRP-era mistakes with AI startups
Bill Gurley · The Gift and The Curse of Staying Private with Bill Gurley · Invest Like The Best · Jun 10, 2025 · at 41:33
Bill Gurley warns that the venture capital industry has failed to learn from the 2021 market bubble and is repeating the same hyper-funding patterns in AI.
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“All of the problems we talked about that created the zombie unicorns. We're just rerunning that. Like there was this maybe part of not living through a correction, but like we're funding these AI companies, the exact way we funded those companies.”
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