The Minutes of Bill Gurley on industry structure https://minutesof.com/bill-gurley/on/industry-structure/ Everything Bill Gurley has said on industry structure: 2 verbatim quotes between April 2024 and March 2026, each with a timestamp and a link to the… en Sun, 30 Aug 2026 16:22:10 +0000 Gurley argues network effects are easier to build when supply is fragmented rather than consolidated like Tick https://minutesof.com/q/3beb79f3-3ded-4460-ad76-b4a75d312007/ https://minutesof.com/q/3beb79f3-3ded-4460-ad76-b4a75d312007/ “Part of what I loved about both OpenTable and Uber, it's easier to build a network effect if supply is limited, I can't You know how many people have tilted against Ticketmaster and whatnot?” — School of Hard Knocks Podcast Thu, 26 Mar 2026 21:34:25 +0000 industry structure Gurley says venture capital structurally sucks due to low entry barriers and high exit barriers. https://minutesof.com/q/e9ec0586-f96d-4c2e-9b61-2f2683a1776b/ https://minutesof.com/q/e9ec0586-f96d-4c2e-9b61-2f2683a1776b/ “There's high competition. But the big problem, and this is structural, is there's low barriers to entry and high barriers to exit.” — Invest Like the Best Tue, 23 Apr 2024 08:00:00 +0000 industry structure