The Minutes of Bill Gurley on liquidity quality https://minutesof.com/bill-gurley/on/liquidity-quality/ Everything Bill Gurley has said on liquidity quality: 2 verbatim quotes from July 2019, each with a timestamp and a link to the recording it came from. en Sun, 30 Aug 2026 16:22:11 +0000 Gurley coined the term liquidity quality and prioritizes it over geographic breadth when evaluating marketplac https://minutesof.com/q/e7b7f852-b373-4c1e-9b6c-a4da6fb14935/ https://minutesof.com/q/e7b7f852-b373-4c1e-9b6c-a4da6fb14935/ “And I've come up with this phrase I use internally that I made up. So I one day I'll have to write a definition of it, but I call it liquidity quality.” — Invest Like the Best Tue, 02 Jul 2019 09:30:00 +0000 liquidity quality Gurley introduces his concept of liquidity quality as more important than geographic breadth for marketplaces. https://minutesof.com/q/49377f0b-d375-4389-9007-0ff0cdb18b25/ https://minutesof.com/q/49377f0b-d375-4389-9007-0ff0cdb18b25/ “So I one day I'll have to write a definition of it, but I call it liquidity quality. And I tell entrepreneurs I care way more about that than I do how broad you are.” — Invest Like the Best Tue, 02 Jul 2019 09:30:00 +0000 liquidity quality