https://minutesof.com/on/startups/ Everyone on the record about startups: 15 verbatim quotes from 4 people, October 2011 to August 2026, in one chronology, each with a timestamp and a link… en Sun, 30 Aug 2026 22:33:16 +0000 https://minutesof.com/q/95fedc70-6da2-46ad-b618-f4d20370df74/ https://minutesof.com/q/95fedc70-6da2-46ad-b618-f4d20370df74/ “And they had rented a cluster of several thousand black wells, And we'll just call it, you know, somewhere in the mid $2 per GPU hour.” — Gavin Baker, Invest Like The Best Tue, 04 Aug 2026 12:00:33 +0000 startups 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, Bill Gurley Wed, 15 Jul 2026 16:30:41 +0000 startups 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, Bill Gurley Wed, 15 Jul 2026 16:30:41 +0000 startups https://minutesof.com/q/36e93003-d494-4ec2-8a46-4af33c99a678/ https://minutesof.com/q/36e93003-d494-4ec2-8a46-4af33c99a678/ “But if you're a founder, you're selling to new investors, you're selling to employees, you own the company culture and the perception of the company, you're striking deals, you're selling to customers, you're just out selling all you're the number one sale you're the chief salesperson for your company,” — Bill Gurley, Bill Gurley Wed, 15 Jul 2026 16:30:41 +0000 startups https://minutesof.com/q/e9edbc38-d9be-482d-914e-0289ed176255/ https://minutesof.com/q/e9edbc38-d9be-482d-914e-0289ed176255/ “So there's these new areas there and now AI where very young companies are begging for regulation, which is not anything I've seen in my career either.” — Bill Gurley, Prof G Markets Fri, 27 Mar 2026 11:00:44 +0000 startups https://minutesof.com/q/e5e3d778-0070-4de8-8f94-4c29939e6d4c/ https://minutesof.com/q/e5e3d778-0070-4de8-8f94-4c29939e6d4c/ “by the end of the year do how many people even believe by the end of the year AI startup revenue is over a $100,000,000,000?” — Dylan Patel, TBPN Tue, 03 Feb 2026 23:08:03 +0000 startups https://minutesof.com/q/8964cdaf-aa45-4082-b50b-342cd85bfc85/ https://minutesof.com/q/8964cdaf-aa45-4082-b50b-342cd85bfc85/ “in EVs where there were over 500 EV startups, 500 in The US. What has there been? Four legitimate ones?” — Bill Gurley, BG2 Pod Thu, 05 Jun 2025 23:20:47 +0000 startups https://minutesof.com/q/6b8cbc34-8a96-4cd9-8237-41003b848cd0/ https://minutesof.com/q/6b8cbc34-8a96-4cd9-8237-41003b848cd0/ “I actually think the addressable economic opportunity for startups has actually grown. So startups that otherwise might not have been able with 50 or 100 people to go after a multi billion dollar seed market, which is kind of the market that we're in, can now do so because of the leverage they get with AI.” — David Friedberg, This Week in Startups Thu, 22 May 2025 16:00:06 +0000 startups https://minutesof.com/q/b83e19e6-5069-401b-b41c-ec3d21d32307/ https://minutesof.com/q/b83e19e6-5069-401b-b41c-ec3d21d32307/ “Is fee based and all the people that are playing in this market I've talked to say you're probably 60,000,000 to first approval, just on fees the startups gonna pay to the NRC” — Bill Gurley, Bg2 Pod Mon, 09 Sep 2024 02:50:28 +0000 startups https://minutesof.com/q/df8e3ee3-10a7-4b44-a6e3-779fbc28873c/ https://minutesof.com/q/df8e3ee3-10a7-4b44-a6e3-779fbc28873c/ “It's like 20x differential. And when I talk to our entrepreneurs that are using these models, they might design with the cutting edge model, but they all back off to the affordable models” — Bill Gurley, BG2 Pod Thu, 16 May 2024 19:31:21 +0000 startups https://minutesof.com/q/2f6d9efd-07a4-41e2-97c4-e8290a8d6361/ https://minutesof.com/q/2f6d9efd-07a4-41e2-97c4-e8290a8d6361/ “And then and then some of them end up in a place where they're actually reinforcing the bad stuff, you know, and making it worse.” — Bill Gurley, Qualia Wed, 01 May 2024 17:09:06 +0000 startups https://minutesof.com/q/f5d100c2-796b-4d21-bbe3-a93aa329c503/ https://minutesof.com/q/f5d100c2-796b-4d21-bbe3-a93aa329c503/ “I think many cities, whether it's Austin or Miami, they they have a problem that sounds ironic, but they're a lot of fun.” — Bill Gurley, Bloomberg Originals Fri, 21 Jul 2023 01:00:14 +0000 startups https://minutesof.com/q/7ab65302-6b87-49c3-9d3a-d191fda00fe0/ https://minutesof.com/q/7ab65302-6b87-49c3-9d3a-d191fda00fe0/ “Most people don't realize when you haven't built a business from the ground up, but 99% of your assumptions are wrong going into it.” — David Friedberg, Consumer VC with Mike Gelb Sun, 30 Apr 2023 12:51:57 +0000 startups https://minutesof.com/q/05f8967f-cc62-481a-8dd3-fe55b7938d99/ https://minutesof.com/q/05f8967f-cc62-481a-8dd3-fe55b7938d99/ “And assuming three founders, your median expected payoff to the founders would be about $300,000 each, which works out to an annualized salary equivalent of $73,000” — David Friedberg, Stanford eCorner Sat, 08 Oct 2011 00:24:09 +0000 startups https://minutesof.com/q/1b02c622-7b77-4766-9564-4da21d2f9670/ https://minutesof.com/q/1b02c622-7b77-4766-9564-4da21d2f9670/ “The odds of the guy of being the guy on the left are according to a study and I put the URL up there, point 0006%.” — David Friedberg, Stanford eCorner Sat, 08 Oct 2011 00:24:09 +0000 startups