The Minutes of Bill Gurley on tech stocks https://minutesof.com/bill-gurley/on/tech-stocks/ Everything Bill Gurley has said on tech stocks: 3 verbatim quotes between May 2021 and August 2026, each with a timestamp and a link to the recording it… en Sun, 30 Aug 2026 16:22:08 +0000 Gurley explains tech valuations depend on terminal value, so existential concerns collapse price-to-earnings m https://minutesof.com/q/481b12da-0839-4433-a067-c6a1fe9888fd/ https://minutesof.com/q/481b12da-0839-4433-a067-c6a1fe9888fd/ “for most of these high-tech companies, the next five years cash flow are a fraction of their actual market cap, which means all the values in the terminal value.” — Brew Markets Fri, 27 Feb 2026 20:28:10 +0000 tech stocks Gurley notes Lemonade, Unity, and Palantir are down 60% but still trade at 20 times sales. https://minutesof.com/q/87b07694-930e-4e47-a008-121e7f06003d/ https://minutesof.com/q/87b07694-930e-4e47-a008-121e7f06003d/ “I was looking at some of the stocks that are outliers on price to sales and lemonade, unity and Palantir, which have come in 60% are still at 20 times over sales.” — CNBC Television Wed, 12 May 2021 16:26:01 +0000 tech stocks