Bill Gurley
Bill Gurley
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Full Name and Common Aliases
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Bill Gurley is a well-known American venture capitalist, author, and podcast host. He was born on November 2, 1966.
Birth and Death Dates
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Born: November 2, 1966
Status: Alive
Nationality and Profession(s)
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Nationality: American
Professions: Venture Capitalist, Author, Podcast Host
Early Life and Background
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Bill Gurley was born in Los Angeles, California. He graduated from Stanford University with a Bachelor's degree in economics in 1988. After completing his undergraduate studies, he worked as an investment banker at Lehman Brothers for several years before joining the venture capital firm, TPG (Texas Pacific Group), where he spent over nine years.
Major Accomplishments
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Gurley is best known for co-founding and running Benchmark Capital's growth fund. Under his leadership, Benchmark invested in prominent companies such as Uber, Yelp, Zappos, and Slack. His investment strategies have been widely studied and emulated by venture capitalists around the world.
Notable Works or Actions
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Bill Gurley is also a prolific writer and has written several articles on investing and entrepreneurship for prominent publications like The Wall Street Journal and Fortune Magazine. He has also co-authored an article with fellow investor, Reid Hoffman, titled "The Art of Venture Capital," which was published in the Harvard Business Review.
Impact and Legacy
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Gurley's impact on the venture capital industry cannot be overstated. His innovative investment strategies have helped shape the industry into what it is today. He has also been a vocal advocate for entrepreneurship and has used his platform to share insights and advice with aspiring entrepreneurs.
Why They Are Widely Quoted or Remembered
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Bill Gurley is widely quoted and remembered due to his extensive experience as a venture capitalist, his innovative investment strategies, and his commitment to sharing knowledge and expertise with the public. He is also an active advocate for entrepreneurship and has used his platform to inspire and educate aspiring entrepreneurs.
Additional Facts:
Gurley is a regular guest on prominent podcasts such as The Tim Ferriss Show and How I Built This, where he shares insights into his investing strategies and experiences.
In 2019, he released a popular podcast called Above the Crowd, which features conversations with successful entrepreneurs and investors.
* Bill Gurley has been named one of the "Top 10 Venture Capitalists" by Forbes magazine.
By sharing his expertise and experiences through various platforms, Bill Gurley continues to inspire and educate aspiring entrepreneurs and venture capitalists around the world.
Quotes by Bill Gurley
You have to realize that these things are potent cardiac stimulants, and when you are exercising and lifting heavy weights, you are already taxing your cardiovascular system, and all this does is make it work harder.
You have to be careful. I see what I would suggest are features being funded as companies right now.
If a conventional pharmaceutical company had this kind of quality control, the FDA would shut them down in a heartbeat.
Over the past 10 years, the majority of value creation in the venture community has been in consumer Internet.
Most firms are hierarchical in nature, with everyone getting different slices of the economic pie. The problem is those slices are negotiated every time a firm raises a new fund, so in between funds, which is most of the time, the partners are trying to outgun one another to make a stronger case for themselves.
Many consumer Internet business executives are loyalists of the Lifetime Value model, often referred to as the LTV model or formula. Lifetime value is the net present value of the profit stream of a customer.