Bg2 Pod
“You know, I can go from 10,000,000 to 100,000,000 to billion to $10,000,000,000 on reasoning in such a quick succession.”
Gurley predicts a smaller company with a courageous founder will IPO first, not Stripe or other large names.
“I actually I actually think we'll probably see someone a smaller company with a courageous founder step through the window. Like, I don't think we don't have to wait around for Stripe.”
Gurley predicts the next ten years will involve removing enterprise technology and moving systems outside via SaaS.
“I say we spent forty years cramming technology into the enterprise. We're going to spend the next ten yanking it out. It's just so wholesale that you're moving systems outside.”
Gurley recalls predictions from five years ago that venture capital would become obsolete due to cheap startup costs.
“If you go back about five years, a whole bunch of people said, well Venture's dead because there's infinite angel money and you can start a company for cheap and you won't need Venture anymore.”