Gurley says Wall Street's anti-loyalty mentality focused on cash over equity hurts New York startups.
“And I consider that a very anti loyal mentality. People just trade firms constantly and they're really into cash comp and they don't think about equity.”
Gurley says Wall Street's anti-loyal mentality focused on cash over equity hurts startup culture in New York.
“I formerly worked on Wall Street years ago and I think the Wall Street mentality is still prevalent in different places. And I consider that a very anti loyal mentality.”