The Minutes of Bill Gurley on liquidity https://minutesof.com/bill-gurley/on/liquidity/ Everything Bill Gurley has said on liquidity: 2 verbatim quotes between December 2012 and June 2025, each with a timestamp and a link to the recording it… en Sun, 30 Aug 2026 16:22:06 +0000 Gurley questions if Yale model works when universally adopted, notes Yale itself selling $6B. https://minutesof.com/q/e64f76a4-2e08-434f-973a-d7ac71178786/ https://minutesof.com/q/e64f76a4-2e08-434f-973a-d7ac71178786/ “What if everyone goes to 50% illiquid? Will it still work? I think that's a provocative question. But I think that's what happened for sure.” — Invest Like the Best Tue, 10 Jun 2025 08:00:00 +0000 liquidity Gurley says late-stage investors enable two-year employee liquidity at OpenAI and Stripe, removing IPO pressur https://minutesof.com/q/da209ba2-0265-4fbe-8e68-e23dd54d8d0e/ https://minutesof.com/q/da209ba2-0265-4fbe-8e68-e23dd54d8d0e/ “one of the things they're doing is they're supporting massive founder liquidity and employee liquidity. And so that's happening at Stripe, that's happening.” — McCombs School of Business Fri, 24 Jan 2025 00:57:51 +0000 liquidity