The Minutes of Bill Gurley on startups https://minutesof.com/bill-gurley/on/startups/ Everything Bill Gurley has said on startups: 2 verbatim quotes between July 2023 and July 2026, each with a timestamp and a link to the recording it came… en Sun, 30 Aug 2026 16:22:00 +0000 Gurley explains VCs can only join about two boards per year, unlike public investors evaluating unlimited posi https://minutesof.com/q/907de551-83d8-4736-bf81-e78cf0968d04/ https://minutesof.com/q/907de551-83d8-4736-bf81-e78cf0968d04/ “If it's positive IRR and I'll make 14%, I'll do it. Yep. But venture capitalists have a limited number of boards they can go on, probably two a year.” — Bill Gurley Wed, 15 Jul 2026 16:30:41 +0000 startups Gurley notes owning 100% of a $20 million exit creates lifetime wealth and attracts more acquirers than larger https://minutesof.com/q/17717505-f71b-4440-84f3-caef76ecf3b8/ https://minutesof.com/q/17717505-f71b-4440-84f3-caef76ecf3b8/ “Your boss won't care. If you own a 100% of a $20,000,000 company, that's lifetime wealth.” — Bill Gurley Wed, 15 Jul 2026 16:30:41 +0000 startups