Even the Smartest VCs Sometimes Get it Wrong – Bill Gurley and Regulated Markets
Steve Blank
NOVEMBER 7, 2023
Rent seekers are individuals or organizations with successful existing business models who use government regulation and lawsuits to keep out new entrants that might threaten their business models. The tech ecosystem got a rude awakening in May 1998 when the U.S. Bill Gurley’s point.)
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