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. And why was Bill’s advice of staying away from Washington flawed for startups? These barriers to new innovative startups are called economic rent. The tech ecosystem got a rude awakening in May 1998 when the U.S.
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