The Minutes of Bill Gurley on valuation https://minutesof.com/bill-gurley/on/valuation/ Everything Bill Gurley has said on valuation: 3 verbatim quotes between June 2011 and March 2026, each with a timestamp and a link to the recording it… en Sun, 30 Aug 2026 16:21:58 +0000 Gurley notes Lemonade, Unity, and Palantir are still trading at 20 times sales despite falling 60%. https://minutesof.com/q/daea9c72-cc8e-4255-bd8b-97eb4a9c65bd/ https://minutesof.com/q/daea9c72-cc8e-4255-bd8b-97eb4a9c65bd/ “And yesterday in preparing for this, 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 valuation Gurley criticizes Silicon Valley's crude valuation approach, where entrepreneurs expect 10x revenue regardless https://minutesof.com/q/1bf09541-d7e4-4d2c-8bb6-66e0072f0170/ https://minutesof.com/q/1bf09541-d7e4-4d2c-8bb6-66e0072f0170/ “I've always felt Silicon Valley has a very crude understanding of valuation. Most entrepreneurs think they all deserve 10 times revenue and also with zero regard for what the revenue is.” — Invest Like the Best Tue, 02 Jul 2019 09:30:00 +0000 valuation Gurley observes IPO market valuations currently exceed M&A market valuations. https://minutesof.com/q/5b9b5710-3c8a-48a0-9706-647ea75484cf/ https://minutesof.com/q/5b9b5710-3c8a-48a0-9706-647ea75484cf/ “I think another interesting characteristic of that, in my mind, the IPO market's paying much higher valuations in the m and a market right now.” — Bloomberg Originals Sat, 11 Jun 2011 01:20:44 +0000 valuation