Gurley argues regulatory capture worsens as country ages because people learn to influence Washington over longer tenures.
“The more people hang around Washington for a very long period of time, they just learn how to influence it.”
Gurley says Silicon Valley's political shift is about entrepreneurship policy, not personal tax rates.
“Right? I do hear things around key policy areas that impact entrepreneurship that people care deeply about.”
Gurley's billboard message is don't be tribal, objecting to 50% of world having opinions decided by one group.
“I just few weeks ago said, don't be tribal and I just feel like there's no reason that 50% of the world should just have their opinion on everything decided by one group of people”