Gurley says marketplace success requires doing unscalable things early, which frustrates most business school-trained entrepreneurs.
“And if you took 90% of the entrepreneurs that have been to business school and understand scaling, it drives them nuts.”
Gurley argues that while starting is cheap, scaling a company requires both capital and expertise.
“And what I think has come out of it is that you may be able to start a company for nothing but if you want to scale a company you will need capital and you'll need expertise to scale it to the next level.”
Gurley argues scaling requires capital and expertise even if starting a company is cheap.
“I think has come out of it is that you may be able to start a company for nothing but if you want to scale a company you will need capital and you'll need expertise to scale it to the next level. Not every single player, Benioff who got it up without venture”