The Minutes of Bill Gurley on stay private longer https://minutesof.com/bill-gurley/on/stay-private-longer/ Everything Bill Gurley has said on stay private longer: 2 verbatim quotes from March 2020, each with a timestamp and a link to the recording it came from. en Mon, 31 Aug 2026 13:09:51 +0000 Gurley calls stay-private-longer strategy a fraud, saying private cap tables handle down rounds worse than pub https://minutesof.com/q/22e3cc5f-d670-4a1e-aa12-42b2b020ed3e/ https://minutesof.com/q/22e3cc5f-d670-4a1e-aa12-42b2b020ed3e/ “It's times like this where that strategy, I think, gets exposed as the fraud that it was precisely because private company capitalization charts don't go down very well.” — Invest Like the Best Fri, 13 Mar 2020 09:30:00 +0000 stay private longer Gurley calls the stay-private-longer strategy a fraud because private company cap tables are designed only to https://minutesof.com/q/0a98d7db-dda9-4e01-b8ac-91a07bbe11ff/ https://minutesof.com/q/0a98d7db-dda9-4e01-b8ac-91a07bbe11ff/ “It's times like this where that strategy, I think, gets exposed as the fraud that it was precisely because private company capitalization charts don't go down very well. They're designed to really only go up.” — Invest Like the Best Fri, 13 Mar 2020 09:30:00 +0000 stay private longer