Bill Gurley - Benchmark Partner, Backed Uber, Zillow, Stitch Fix | The Conveyor Belt That Ruins Your Life
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Bill Gurley is a prominent American venture capitalist born in 1966 in Dickinson, Texas, who spent more than two decades as a general partner at Benchmark, the influential Silicon Valley firm he joined in 1999. Before moving into venture capital, he worked as a design engineer at Compaq and spent four years as a top-ranked Wall Street research analyst. At Benchmark, Gurley became known for backing transformative companies including Uber, GrubHub, OpenTable, Zillow, and Stitch Fix, with his early $12 million investment in Uber becoming one of the most celebrated bets in venture capital history. A sharp and often contrarian voice in Silicon Valley, he has long warned against unsustainable startup valuations and has been a vocal advocate for direct listings as an alternative to traditional IPOs. He also writes a widely-read blog called Above the Crowd, and stepped back from day-to-day venture activities around 2020, though he continues to serve on the boards of several portfolio companies.
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➡️ Talking Points
00:00 – Intro
01:29 – From Elite VC to Writing a Different Kind of Book
06:08 – The Career Crossroads Moment
12:57 – The Education Pressure Trap
15:09 – The Pivot That Changed Everything
17:41 – Why Great Employees Become Great Founders
19:39 – Reinventing Your Career Path
22:21 – Sponsor Break
25:03 – The Power of Healthy Obsession
26:53 – What Pulled Him Into Venture Capital
33:39 – The Hidden Patterns Behind Great Career Pivots
42:25 – Sponsor Break
44:15 – Did He Copy the Greats?
51:08 – Loving What You Do Matters More Than You Think
52:42 – The Root of Career Regret
56:30 – Stop Learning, Start Declining
1:00:36 – The Careers AI Will Replace
1:04:43 – The True Measure of Fulfillment