In capital-abundant markets, founders choose venture firms based on reputation (network effects from past success), founder understanding of their specific domain, and genuine excitement about the business.

causalpending

Speaker

Bill Gurley

Evidence Quote

it's the only investing category where there are network effects because once you have a reputation

Source

Mental Models That Change How You Think | Bill GurleyThe Knowledge Project Podcast
Created: 8/10/2026, 11:24:43 PM

My Notes

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