The Minutes of Bill Gurley on ai valuations https://minutesof.com/bill-gurley/on/ai-valuations/ Everything Bill Gurley has said on ai valuations: 6 verbatim quotes between January 2024 and June 2024, each with a timestamp and a link to the recording… en Sun, 30 Aug 2026 16:22:01 +0000 Gurley reports AI deals average $1 billion valuation and $120 million round size year to date. https://minutesof.com/q/27e4c9ca-967f-4c32-a9b3-4641027b3577/ https://minutesof.com/q/27e4c9ca-967f-4c32-a9b3-4641027b3577/ “Year to date, I think 200 deals, 22,000,000,000 of investment, average valuation, wait for it, $1,000,000,000. Right? Average round size, 120,000,000.” — BG2 Pod Sat, 22 Jun 2024 17:50:33 +0000 ai valuations Gurley calls Inflection's implosion after Greylock's $1 billion pre-money round a warning sign for AI valuatio https://minutesof.com/q/051b652e-7ebb-4925-b84e-2c6494b40f07/ https://minutesof.com/q/051b652e-7ebb-4925-b84e-2c6494b40f07/ “Right? And this is a warning sign that you can't just pay any price for any deal in the AI sector and get paid.” — BG2 Pod Thu, 21 Mar 2024 21:32:49 +0000 ai valuations Gurley argues cloud credits given as AI investments create low quality revenue for big tech companies despite https://minutesof.com/q/81187ebc-065e-449e-9917-627230fa3672/ https://minutesof.com/q/81187ebc-065e-449e-9917-627230fa3672/ “From the big company players' side, I would just say definitively, this could get me in trouble, but this is low quality revenue.” — Bg2 Pod Thu, 25 Jan 2024 16:05:50 +0000 ai valuations Gurley says cloud credits given as investments create low quality revenue despite auditor approval. https://minutesof.com/q/a5334162-13a4-4139-a95c-a70c324c8b53/ https://minutesof.com/q/a5334162-13a4-4139-a95c-a70c324c8b53/ “Like this is flat out low quality revenue and I'm certain that they've got their auditor to sign off on it.” — Bg2 Pod Thu, 25 Jan 2024 16:05:50 +0000 ai valuations Gurley says cloud credit investments use balance sheet to drive income statement, which should be prohibited. https://minutesof.com/q/dc9b98ff-02dd-478f-b033-931fe6c72c16/ https://minutesof.com/q/dc9b98ff-02dd-478f-b033-931fe6c72c16/ “Well, yeah. I mean, a big skeptic would say you're using your balance sheet to drive your income statement, which should be a no no.” — Bg2 Pod Thu, 25 Jan 2024 16:05:50 +0000 ai valuations Gurley uses hypothetical Ultra Hosting Company to illustrate how credits-as-investment creates revenue without https://minutesof.com/q/6a87e9b1-ee74-4f28-940d-9207294b2f93/ https://minutesof.com/q/6a87e9b1-ee74-4f28-940d-9207294b2f93/ “They built a big server farm and their only customers they have are companies that they went out and gave credits away to as a form of investment.” — Bg2 Pod Thu, 25 Jan 2024 16:05:50 +0000 ai valuations