Gurley says OpenAI executes faster than any company he's seen despite organizational turbulence.
“To execute the way they have. True. Okay? Like, I got faster than any other company I've ever seen delivering great products in the market.”
Gurley questions whether overfeeding startups with cash leads to poor execution, citing companies burning $20M monthly.
“does overfeeding these companies with cash lead to non optimal execution? And you and I were deeply involved in the Uber situation, but you know, when you start losing a billion dollars a year, or even I would say $20,000,000 a month, you're very far away from profitability. And we talk a lot about focus and constraints”
Gurley questions whether overfeeding startups with cash leads to poor execution citing companies spending $20M monthly.
“And we talk a lot about focus and constraints and how that leads to better decision making.”