Bill Gurley · Tim Ferriss · 17 December 2025

“And I've said it over and over again, but a freshman comp size student and a freshman finance student, if you told them to design the IPO, they would just match supply and demand anonymously.”

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Verbatim excerpt with a timestamp. The full recording is at the source; we link out and do not host it. Everything Bill Gurley is on record saying.