Gurley says venture capital must be measured over 20-40 years, longer than most employees stay.
“You got to look at it over twenty to forty years, which is really bizarre because most firms don't have employees that long.”
Gurley says going public increases pressure and transparency, elevating companies to new performance levels.
“I one of the reasons I encourage companies going public is because I think it ups their game. I think it it presents more pressure. It forces them to be more disclosive, more transparent.”