The Minutes of Bill Gurley on irr https://minutesof.com/bill-gurley/on/irr/ Everything Bill Gurley has said on irr: 3 verbatim quotes between December 2012 and June 2025, each with a timestamp and a link to the recording it came… en Sun, 30 Aug 2026 16:22:04 +0000 Gurley calculates five-year delay from year ten to fifteen requires $160 instead of $100 just from compounding https://minutesof.com/q/b9b79df1-97cd-49ac-947b-0af62ed8c891/ https://minutesof.com/q/b9b79df1-97cd-49ac-947b-0af62ed8c891/ “Let's say you were expecting to get a $100 back from investment in year ten and you wanna delay it to year fifteen.” — Invest Like the Best Tue, 10 Jun 2025 08:00:00 +0000 irr Gurley explains Benchmark isn't judged on IRR and would pass on 20% IRR deals due to board seat limits. https://minutesof.com/q/eaf3533c-a506-49d8-93bb-eb229aba5452/ https://minutesof.com/q/eaf3533c-a506-49d8-93bb-eb229aba5452/ “You know, we're luckily in a business where we're not judged on IRR per se.” — GigaOm Tue, 11 Dec 2012 17:49:11 +0000 irr Gurley says Benchmark turns down twenty percent IRR opportunities because LPs invest for beta and home runs, n https://minutesof.com/q/69fad620-90e5-4b10-8957-a17c4519d1da/ https://minutesof.com/q/69fad620-90e5-4b10-8957-a17c4519d1da/ “Like if there's an opportunity where we can make a 20% IRR someone might go, oh you should do every one of those, but we're limited by the number of board seats we can take and our LPs are investing in us to get beta and so they want the home runs” — GigaOm Tue, 11 Dec 2012 17:49:11 +0000 irr