Even the Smartest VCs Sometimes Get it Wrong – Bill Gurley and Regulated Markets
NOVEMBER 7, 2023
Bill’s closing line, “The reason why Silicon Valley is so successful is that it’s so fxxxng far away from Washington” received great applause. And why was Bill’s advice of staying away from Washington flawed for startups? We were content Washington didn’t know we existed. Regulation What’s regulatory capture? Why is it bad?