Words of Wisdom from Bill Gurley

by Scott Edward Walker on December 13th, 2014

Bill Gurley VC

To Our Clients & Friends: Welcome to our weekly series “Helping Entrepreneurs Succeed.”  Every week, we share a favorite video clip of a successful entrepreneur, investor or business leader on a variety of topics.  This week, we present Bill Gurley, a general partner at Benchmark Capital and a very smart investor.

In this interesting interview from a few years back (courtesy of GigaOm), Bill shares some solid nuggets about the role of venture capital and how entrepreneurs should be thinking about funding, including the following:

  • “You may be able to start a company for nothing, but if you want to scale a company you will need capital and you will need expertise…” (at 1:07)
  • “I think a lot of people get caught-up in the game of venture and trying to build these entities that maybe [they] shouldn’t be.” (at 2:11)
  • “It’s really important for people to know what they’re trying to do and to take the right funding for that approach.” (at 2:42)

I hope you enjoy it.  Cheers, Scott

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