Even the Smartest VCs Sometimes Get it Wrong – Bill Gurley and Regulated Markets
Steve Blank
NOVEMBER 7, 2023
Unfortunately, for startups entering a regulated market following this advice this might not be the optimum path. It’s the antithesis of how founders want to build a business. And why was Bill’s advice of staying away from Washington flawed for startups? These barriers to new innovative startups are called economic rent.
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