Bill Gurley General partner, Benchmark Capital - MBA From the University of Texas/BS in Computer Science from the University of Florida/Chartered financial analyst
Bill Gurley has been the voice of reason in the Silicon Valley for the past couple of years with his relentless warnings of a technology bubble and unsustainable businesses being built on excessive capital. As one of the top technology deal makers in the Valley, Gurley has spent over a decade as a general partner at Benchmark Capital, the VC firm behind companies such a Snapchat, Twitter and Uber, which is the most highly valued private company at $62.5 billion. A regular on the Forbes Midas Touch list, Gurley spoke to Outlook Business at the sidelines of WSJ.D Live conference on how unprecedented low global interest rates and the steady trickle of money are ensuring that Silicon Valley is seeing a slowdown, rather than a crash last seen in 2000 and 2009. He, however, warns that when the interest rate cycle reverses, investors and start-ups will have to pay for being indiscriminate with capital.
You haven’t been afraid to call out startups with uneconomic business models and have also been equally critical of investors funding them. While there is a slowdown, not many are too alarmed with the situation today. Why?
This story is from the Olb 9 December, 2016 edition of Outlook Business.
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This story is from the Olb 9 December, 2016 edition of Outlook Business.
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