Bill Gurley
Veteran venture capitalist; Benchmark GP; investor in Uber and Zillow
Austin, Texas
Summary
Experienced, prominent venture capitalist known for early-stage bets in consumer marketplaces and platform companies; best-known for an early Benchmark investment in Uber which materially shaped his public profile and net worth. Gurley is repeatedly cited on the Midas lists and has a long track record of board service across consumer marketplaces and enterprise/security companies. wikipedia+2
Public commentator and thought leader — maintains a long-running blog, 'Above the Crowd,' where he critiques VC market behavior, unicorn valuations, and IPO dynamics; in recent years he has broadened public-facing output to include the BG2 podcast and frequent media interviews. abovethecrowd+2
Active board investor and adviser across both private and public companies: holds or has held board seats (or advisor roles) at a range of companies including Nextdoor, Zillow, HackerOne, Instawork, Stitch Fix, Grubhub and others — signaling a focus on consumer marketplaces, platform businesses, security/bug-bounty and healthcare/consumer-facing startups. nextdoor+2
In recent years has reduced day-to-day investing responsibilities at Benchmark (opted out of a new fund in 2020 and publicly discussed stepping back), relocated back to Austin, Texas, and diversified time toward board work, public-market investing, writing, podcasting and philanthropic/academic affiliations (e.g., Santa Fe Institute). yahoo+2
Work
Education
Projects
Writing
Venture Capital Red Flag Checklist
November 1, 2022A checklist-style post highlighting warning signs and problematic practices in VC/deal terms and startup behavior.
Money Out of Nowhere: How Internet Marketplaces Unlock Economic Wealth
February 1, 2019Blog essay on how internet marketplaces create economic value by improving matching and unlocking liquidity across markets.
Investors Beware: Today's $100M+ Late-stage Private Rounds Are Very Different from an IPO
Blog post and commentary arguing that large late-stage private financings differ materially from public-market IPOs and carry unique risks.