The Minutes of Bill Gurley on industrial policy https://minutesof.com/bill-gurley/on/industrial-policy/ Everything Bill Gurley has said on industrial policy: 3 verbatim quotes from June 2025, each with a timestamp and a link to the recording it came from. en Mon, 31 Aug 2026 13:09:36 +0000 Gurley explains China ensures 500 to 1000 competitors in target industries, letting markets select winners rat https://minutesof.com/q/529c0e55-a06f-4964-bf4b-01431316c4f3/ https://minutesof.com/q/529c0e55-a06f-4964-bf4b-01431316c4f3/ “what I really uncovered the detail on is that in these industries where they wanna succeed, they actually make sure that there are 500 competitors or a thousand competitors.” — BG2 Pod Thu, 05 Jun 2025 23:20:47 +0000 industrial policy Gurley says China ensures 500 to 1000 competitors in target industries, letting markets select winners rather https://minutesof.com/q/3282dfbc-a62e-4b87-ad71-76067163ee7e/ https://minutesof.com/q/3282dfbc-a62e-4b87-ad71-76067163ee7e/ “in these industries where they wanna succeed, they actually make sure that there are 500 competitors or a thousand competitors. And then they let the market whittle down to what the best one is.” — BG2 Pod Thu, 05 Jun 2025 23:20:47 +0000 industrial policy Gurley argues Chinese government deprioritizes market cap, citing BYD's recent 30% price cut as evidence of di https://minutesof.com/q/6b88541e-9c14-4859-b1bd-d15b49ad7d9e/ https://minutesof.com/q/6b88541e-9c14-4859-b1bd-d15b49ad7d9e/ “The the Chinese government may not consider that part of the objective function of what a win is. And in the past three weeks, we saw BYD take prices down 30%.” — BG2 Pod Thu, 05 Jun 2025 23:20:47 +0000 industrial policy