Even the Smartest VCs Sometimes Get it Wrong – Bill Gurley and Regulated Markets
Steve Blank
NOVEMBER 7, 2023
It’s the antithesis of how founders want to build a business. startups might run into an alphabet soup of federal regulatory agencies, for example: ATF , CFPB , DEA , DoD , EPA , FAA , FCC , FDA , FDIC , FERC , FTC , OCC , OSHA , SEC. (You can watch Bill’s entire 24-minute talk here or his thesis summarized in this 7 second clip here.
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