Gurley argues Microsoft's late nineties regulatory threat enabled Amazon and Google to emerge.
“I think that had Microsoft not been under threat in the late nineties, you may not have seen Amazon or Google or a lot of companies you may not have seen.”
Gurley calls claims that China lacks innovation capabilities flat wrong based on direct observation during visits.
“And that's just flat wrong. Whoever's saying that just hasn't been there. They don't know the facts on the ground.”
Gurley says Chinese entrepreneurs match US quality, citing MEMS LiDAR at $130 per car versus thousands.
“These entrepreneurs are every bit as good as the entrepreneurs they are here. There are examples like in LiDAR, they built a MEMS LiDAR product that's like $130 a car.”
Gurley explains Innovator's Dilemma: disruptive products succeed by targeting customers who reject incumbent complexity.
“Products that are able to be disruptive get over designed. They get over feature rich, they get complex, they get heavy.”