Gurley emphasizes the person matters more than the concept, citing founders who pivoted 180 degrees.
“And we've seen incredible businesses be built by great founders who have pivoted a 180 degrees from the original idea.”
Gurley says venture capitalists who see successful pivots learn it's all about the founder.
“And for any venture capitalist that's been through one of those pivots, they're famously known as pivots now, it's all about the person. Like, it's all about the founder.”