Bill Gurley on Tech Markets, Capital Markets, and VC

Bill Gurley was a "blogging VC" before anyone else with his Above The Crowd newsletter back in the 90s. That has become the Above The Crowd blog. I've always been a huge fan of Bill's and whenever I read something he has written or said, I find myself nodding my head. He sees the venture business in the same way I do. And he sees markets pretty similarly too.

Bill did an interview with Business Insider recently and he said a bunch of things that are important and which I agree with. Do yourself a favor and go read it.