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    Artwork for Invest Like the Best with Patrick O'Shaughnessy
    Episode

    Bill Gurley - The Gift and The Curse of Staying Private - [Invest Like the Best, EP.427]

    Invest Like the Best with Patrick O'Shaughnessy · Jun 10, 2025 · 1 h 20 min
    Episode page

    My guest today is Bill Gurley. Bill was the general partner at Benchmark Capital. He joins me for his sixth time on Invest Like the Best with his most comprehensive market analysis yet, examining the realities reshaping venture capital. Bill tackles the uncomfortable math underlying today's venture returns, with companies staying private for far longer. He also walks through why no one—from GPs…

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