The Minutes of Bill Gurley on profitability https://minutesof.com/bill-gurley/on/profitability/ Everything Bill Gurley has said on profitability: 9 verbatim quotes between October 2010 and January 2025, each with a timestamp and a link to the… en Sun, 30 Aug 2026 16:22:00 +0000 Gurley suggests a healthcare industrial complex has emerged that prioritizes profit over cost-effective preven https://minutesof.com/q/1fe9bd9a-dbc8-4271-af01-69814b89c715/ https://minutesof.com/q/1fe9bd9a-dbc8-4271-af01-69814b89c715/ “People talk about the military industrial complex. We may have created a health care industrial complex that really can't stop maximizing profitability and not focus necessarily on the lowest cost, best, most preventative process.” — Bg2 Pod Mon, 06 Jan 2025 21:47:42 +0000 profitability Gurley says Stitch Fix reached billion-dollar run rate profitably, generating $60M free cash flow on just $40M https://minutesof.com/q/f0586c87-635a-4d3c-941c-7c0c172b5353/ https://minutesof.com/q/f0586c87-635a-4d3c-941c-7c0c172b5353/ “So we're at a billion dollar run rate. We've been profitable for many quarters. In fact, when the company came public, it is over a $100,000,000 of cash on the balance sheet.” — Bloomberg Television Fri, 17 Nov 2017 19:47:21 +0000 profitability The company had only raised $40,000,000. Hence, we had created $60,000,000 in free cash flow, something that's https://minutesof.com/q/6f98baf1-d4b7-4035-b081-e35ab6b430e5/ https://minutesof.com/q/6f98baf1-d4b7-4035-b081-e35ab6b430e5/ “The company had only raised $40,000,000. Hence, we had created $60,000,000 in free cash flow, something that's extremely rare in Silicon Valley these days.” — Bloomberg Television Fri, 17 Nov 2017 19:47:21 +0000 profitability Gurley explains Stitch Fix stayed under unicorn status by avoiding fundraising while maintaining profitability https://minutesof.com/q/dcc1a6e3-0994-48ef-bde7-6682e16d557d/ https://minutesof.com/q/dcc1a6e3-0994-48ef-bde7-6682e16d557d/ “One of the unique things about Stitch Fix relative to all of the unicorns out in Silicon Valley is that they've run very disciplined and profitable approach. They've been profitable for several years.” — CNBC Fri, 17 Nov 2017 18:49:28 +0000 profitability Gurley notes Stitch Fix remained profitable for years and never raised above $1B valuation. https://minutesof.com/q/4ea319ae-64d7-4faf-9329-e533ed80c0ba/ https://minutesof.com/q/4ea319ae-64d7-4faf-9329-e533ed80c0ba/ “They've been profitable for several years. The reason that you never heard of them as a unicorn was because they never raised money above 1,000,000,000 because they didn't really do raise money.” — CNBC Fri, 17 Nov 2017 18:49:28 +0000 profitability Gurley says Stitch Fix was never valued above a billion because they ran profitably and didn't need to raise m https://minutesof.com/q/cf45415c-ad9f-46ca-b0f3-604998510ba9/ https://minutesof.com/q/cf45415c-ad9f-46ca-b0f3-604998510ba9/ “The reason that you never heard of them as a unicorn was because they never raised money above 1,000,000,000 because they didn't really do raise money.” — CNBC Fri, 17 Nov 2017 18:49:28 +0000 profitability Gurley predicts many unicorns will damage equity value by avoiding public markets and profitability. https://minutesof.com/q/896cc543-641d-4a61-81fa-1b3a753b232d/ https://minutesof.com/q/896cc543-641d-4a61-81fa-1b3a753b232d/ “I think you're gonna see a large number of unicorns who were afraid to play on Sunday, afraid to be in the public markets, that didn't get their act together in time, didn't get profitable, didn't understand unit economics, and and hurt the value of the equity as a result.” — CNBC Fri, 17 Nov 2017 18:49:28 +0000 profitability Gurley observes maturing unicorns recognizing they must become profitable or go public. https://minutesof.com/q/e5a7c5ef-b498-4104-9e7c-23eb3bf7217c/ https://minutesof.com/q/e5a7c5ef-b498-4104-9e7c-23eb3bf7217c/ “I do think we are also watching, however, as many of the unicorns mature in age, that many of them are having to come to the recognition that they either need to grow up, get profitable, go public, or do something along those lines.” — CNBC Fri, 17 Nov 2017 18:49:28 +0000 profitability Gurley observes aging unicorns recognizing they must become profitable or go public as staying private forever https://minutesof.com/q/6007088b-343f-446a-9f59-48c35a45a985/ https://minutesof.com/q/6007088b-343f-446a-9f59-48c35a45a985/ “And that this this silly notion of we're gonna stay private forever is not playing out in a very positive way.” — CNBC Fri, 17 Nov 2017 18:49:28 +0000 profitability