Who is bill gurley

Benchmark — which has always run a fairly small operation — has routinely groomed new investors as veterans of the firm have moved on. At the time, the manuever raised questions both about how founder friendly Benchmark is and also why, if Uber was being mismanaged, Benchmark waited so long to take action.

In the meantime, partly because Uber took its time in becoming a publicly traded company, Gurley had become renowned in recent years for warning founders to take their companies public sooner — and to stop spending frivolously. At a Goldman Sachs technology conference in , for example, he cautioned — not for the first time — that easy money was making founders less and less accountable to their investors while also driving up valuations to undeserving heights.

In , Gurley marveled at the trend in conversation with this editor. Every workman has a […]. The partners at Benchmark are pleased to announce Chetan Puttagunta has joined the firm as our newest General Partner. As early-stage investors, we are acutely aware of the work of other venture capitalists on the boards of the companies we serve. More recently, Peter encountered a once-in-a-generation venture capitalist on the board of Elastic, Chetan Puttagunta.

In every way, from how Chetan discovered the […]. In spite of all the ink that journalists, analysts, and pundits have spilled on Uber over the years, no mainstream article has focused on what I consider to be the most elegant feature of this now ubiquitous, high growth global service — no driver-partner is ever told where or when to work.

Driver-partners unilaterally decide when they want to work and where they want to work. The flip side is also true — they have unlimited freedom to choose when they do NOT want to work.