Early Uber investor Bill Gurley said the company “burned” billions of dollars on self-driving tech. That money would have been better spend on food delivery, he told journalist Eric Newcomer. Uber’s sold off its self-driving unit in late 2020 as it grappled with a revenue downturn. Visit Business Insider’s homepage […]

Eric Newcomer interviewed the investor Bill Gurley for his Newcomer newsletter on Friday. Gurley said he had a “fascination” with the Reddit forum Wall Street Bets and its Discord discussions. He also remarked on the populist bent of the week’s events. Visit Business Insider’s homepage for more stories. The Benchmark […]

Warren Buffett’s Berkshire Hathaway saw its stake in Snowflake surge by more than $US800 million on Wednesday as the cloud-data unicorn’s shares more than doubled in their first day of trading. Berkshire held roughly $US730 million worth of shares heading into the cloud-data startup’s IPO. After the stock closed a […]

Benchmark partner Bill Gurley, renowned for his early bets on Uber and Stitch Fix, will not be involved in the firm’s latest fund. The Wall Street Journal’s Yuliya Chernova and Rolfe Winkler first reported that when Benchmark reached out to its limited partners to raise money for its tenth fund, […]

Uber’s spectacular meltdown in 2017 pitted two legendary tech personalities against each other. Business Insider has the inside story of how Benchmark partner Bill Gurley, one of Uber’s first backers, turned on Uber’s cofounder Travis Kalanick. The clash between the two men broke one of Silicon Valley’s most sacred rules, […]

Amazon,Berkshire Hathaway, and JPMorgan announced Tuesday they’re teaming up to launch a new nonprofit healthcare company. Venture capitalist Bill Gurley – the legendary investor who backed Uber, Snap, and eBay – thinks employers should get out of healthcare. But there’s one piece that needs to fall into place before much […]

Bill Gurley, the legendary Silicon Valley venture capitalist, is betting big that healthcare is at a “tipping point.“ Right now, most of healthcare isn’t geared toward consumers and making care more convenient, he told Business Insider. That’s about to change, Gurley said, as people get on the hook for more […]

From boycotts to hacks to lawsuits, 2017 has been a rough year for Uber. But early backer and former board member Bill Gurley still think there’s a case for it. Gurley argues that the bull case hasn’t changed. Bill Gurley, a general partner at Benchmark Capital and early investor in […]

Stitch Health is a startup that’s trying to help doctors communicate better about their patients. The company, which officially launched Monday, raised an undisclosed amount in its series A, which was led by Benchmark Capital. The first tool, Connect, is essentially Slack for doctors, where healthcare professionals can chat about […]

Solv, a startup that connects people to same-day urgent care appointments much like how OpenTable helps people book reservations at restaurants, is going national. The hope is that by booking an appointment online with an urgent care center that’s nearby, patients won’t have to spend so long waiting to be […]

Smart people like the venture capitalist Bill Gurley are beginning to worry that so-called initial coin offerings are a bubble. People are investing in bitcoin and other digital coins even though they hold no equity value and offer no claims on any kind of underlying asset. On that definition, ICOs […]

Tech venture capitalist Bill Gurley thinks...

As if Uber hasn't had enough turnover in recent...

Venture capitalist Bill Gurley has, for a while...

Don't expect Uber to go public anytime soon...

Aside from Peter Thiel who has publicly...

Uber is the ultimate test of...