Bill Gurley · BG2 Pod · 11 July 2024

“I mean, we need to be realistic. Like if you're a venture capitalist and every one of your deals turned into one of these weird human acqui hires with a licensed deal back, you're not going to generate a return for your portfolio. Like, it's best case, you're this company had raised $415,000,000”

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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.