The Minutes of Bill Gurley on cash management https://minutesof.com/bill-gurley/on/cash-management/ Everything Bill Gurley has said on cash management: 2 verbatim quotes from March 2020, each with a timestamp and a link to the recording it came from. en Sun, 30 Aug 2026 16:22:09 +0000 Gurley recounts how Zappos extended payables to 90 days versus industry standard of 45 during crisis. https://minutesof.com/q/90c31104-2ec8-4b22-83e5-34db4f08d12c/ https://minutesof.com/q/90c31104-2ec8-4b22-83e5-34db4f08d12c/ “And I don't remember the exact number, but he said something like 90. And having worked with Nordstrom at nordstrom.com, I knew the industry standard was like half that, like 45.” — Invest Like the Best Fri, 13 Mar 2020 09:30:00 +0000 cash management Gurley recounts how Tony Hsieh doubled Zappos's payment terms from 45 to 90 days by threatening vendors during https://minutesof.com/q/08532ec0-b7f0-4db5-b82c-d416c2b7f868/ https://minutesof.com/q/08532ec0-b7f0-4db5-b82c-d416c2b7f868/ “And I said, how in the world did you accomplish that? And he said, I just called them all and said, if they didn't move to 90, we were going out of business.” — Invest Like the Best Fri, 13 Mar 2020 09:30:00 +0000 cash management