The Minutes of Bill Gurley on m&a https://minutesof.com/bill-gurley/on/m-a/ Everything Bill Gurley has said on m&a: 4 verbatim quotes between October 2010 and June 2025, each with a timestamp and a link to the recording it came… en Sun, 30 Aug 2026 16:22:01 +0000 Gurley describes Meta's Scale AI acquisition structure: 49% stake for $15B at $30B valuation to avoid regulato https://minutesof.com/q/0915bf55-0e5e-4785-9ef6-bc14134d0999/ https://minutesof.com/q/0915bf55-0e5e-4785-9ef6-bc14134d0999/ “Meta has done this interesting structured deal, they're buying 49% of the company, they're paying a $30,000,000,000 valuation so they're paying effectively 15,000,000,000, they're avoiding regulatory scrutiny, the CEO of scale is going to help lead efforts at Meta.” — BG2 Pod Fri, 20 Jun 2025 00:11:39 +0000 m&a Gurley explains liquidation preference mechanics where aggregate capital raised can claim majority of M&A proc https://minutesof.com/q/753dda69-e3be-467a-bb08-d4a867713b32/ https://minutesof.com/q/753dda69-e3be-467a-bb08-d4a867713b32/ “And in M and A outcomes, the investor can choose to take the LIC preference and not convert to common so they can get their money back.” — Invest Like the Best Tue, 10 Jun 2025 08:00:00 +0000 m&a I think that creates, I think it should create a rather healthy M and A market, but I also think it helps crea https://minutesof.com/q/39503d34-75bd-4036-935e-bc7aa258cce7/ https://minutesof.com/q/39503d34-75bd-4036-935e-bc7aa258cce7/ “I think that creates, I think it should create a rather healthy M and A market, but I also think it helps create opportunities because you know, you look at the Yelp and OpenTable integration with Apple, you know, if there were only one monolith and there weren't five, that probably doesn't happen.” — GigaOm Tue, 11 Dec 2012 18:06:49 +0000 m&a Gurley cites Data Domain and ArcSight as examples of IPO-then-acquisition premium strategy working. https://minutesof.com/q/0f369672-7f47-4108-9733-1dc1708e515c/ https://minutesof.com/q/0f369672-7f47-4108-9733-1dc1708e515c/ “Another interesting thing is with Data Domain and ArcSight and three part, you've seen companies go public, establish a valuation and then get an M and A premium on top of that.” — TechCrunch Fri, 01 Oct 2010 23:16:15 +0000 m&a