The Minutes of Bill Gurley on entrepreneurship https://minutesof.com/bill-gurley/on/entrepreneurship/ Everything Bill Gurley has said on entrepreneurship: 6 verbatim quotes between March 2020 and July 2026, each with a timestamp and a link to the recording… en Sun, 30 Aug 2026 16:22:00 +0000 Gurley cites Tito's founder who worked twenty years in other fields before starting vodka company. https://minutesof.com/q/d47647f2-0f0e-4d84-9540-316f86013643/ https://minutesof.com/q/d47647f2-0f0e-4d84-9540-316f86013643/ “There's a gentleman named Burt Beveridge who was a seismologist undergrad, worked in oil and gas for ten years, got scared actually because he was in Latin America, things got dicey, became a mortgage broker for another ten years, and then one weekend convinced himself to launch a vodka company named Tito's,” — Forbes Tue, 21 Apr 2026 23:11:11 +0000 entrepreneurship Gurley says Tito's generates 400 million dollars annual free cash flow with founder owning 100 percent. https://minutesof.com/q/5723a227-f8d2-41c0-b6c3-7bb67dc5b230/ https://minutesof.com/q/5723a227-f8d2-41c0-b6c3-7bb67dc5b230/ “which he owns 100% of, and I think it's doing $400,000,000 a year in free cash flow.” — Forbes Tue, 21 Apr 2026 23:11:11 +0000 entrepreneurship Gurley reports Tito launched his vodka company which became North America's best selling spirit with 100% owne https://minutesof.com/q/35e18fc4-3863-4f0d-936c-00520d3671b5/ https://minutesof.com/q/35e18fc4-3863-4f0d-936c-00520d3671b5/ “Tito's is now the most best selling spirit in North America. He owns a 100% of it himself.” — Chris Williamson Sat, 14 Mar 2026 15:00:16 +0000 entrepreneurship Gurley argues taxing unrealized capital gains would undermine entrepreneurial incentives and is nearly impossi https://minutesof.com/q/87353c66-0b0c-4319-a6e2-ae1970e60270/ https://minutesof.com/q/87353c66-0b0c-4319-a6e2-ae1970e60270/ “this crazy idea to tax unrealized capital gains and how that in and of itself is not only almost impossible to implement, but also would undermine the very incentive that entrepreneurs have to go create businesses.” — BG2 Pod Thu, 25 Jul 2024 14:00:00 +0000 entrepreneurship Gurley argues that during risk expansion periods, average entrepreneur quality declines as easy capital attrac https://minutesof.com/q/0bfed641-7f55-4b67-909f-74a9e04415bb/ https://minutesof.com/q/0bfed641-7f55-4b67-909f-74a9e04415bb/ “And I think you actually, that entire time that risk is increasing, the quality of your average entrepreneur that's getting funded is actually going down.” — Invest Like the Best Fri, 13 Mar 2020 09:30:00 +0000 entrepreneurship Gurley argues that entrepreneur quality declines during boom times and improves when risk appetite falls. https://minutesof.com/q/4667afd8-9c03-452b-b967-931e69d5c496/ https://minutesof.com/q/4667afd8-9c03-452b-b967-931e69d5c496/ “I think you actually, that entire time that risk is increasing, the quality of your average entrepreneur that's getting funded is actually going down.” — Invest Like the Best Fri, 13 Mar 2020 09:30:00 +0000 entrepreneurship