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    <title>The Minutes of Bill Gurley on market design</title>
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    <description>Everything Bill Gurley has said on market design: 2 verbatim quotes from February 2026, each with a timestamp and a link to the recording it came from.</description>
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    <lastBuildDate>Mon, 31 Aug 2026 13:09:47 +0000</lastBuildDate>
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      <title>Gurley argues IPO process is ignorant because it doesn&#x27;t match supply and demand like first year students woul</title>
      <link>https://minutesof.com/q/ab29f006-5187-4628-9da2-c969c86b131f/</link>
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      <description>“They do something that&#x27;s just flat out ignorant in a day and age where we have technology.” — Brew Markets</description>
      <pubDate>Fri, 27 Feb 2026 20:28:10 +0000</pubDate>
      <category>market design</category>
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      <title>Gurley argues any first-year student would design IPOs to award shares to highest bidder, not handpicked price</title>
      <link>https://minutesof.com/q/fc370fe8-5fec-4cf4-afd1-14c8335032f9/</link>
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      <description>“It&#x27;s just not like, it&#x27;s not, it should just be tautological. Like I don&#x27;t know why there would be any debate.” — Brew Markets</description>
      <pubDate>Fri, 27 Feb 2026 20:28:10 +0000</pubDate>
      <category>market design</category>
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