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Benchmark general partner Bill Gurley called on Silicon Valley's "unicorn" start-ups to grow up, get profitable or go public. : Influential venture capitalist Bill Gurley says it's time for Silicon Valley's "unicorns" to grow up. Gurley, a partner at venture capital firm Benchmark, spoke in an interview on CNBC's "Squawk Alley" on Friday, following the IPO of Stitch Fix, an e-commerce fashion start-up backed by his firm. Stitch Fix priced shares at $15, below its expected range, but the stock ... Full investment news article
Relevent to this post: University of Nebraska Foundation
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Silicon Valley And Venture Capitalists Are Blowing This Big Opportunity
Nonwhite, nonmale entrepreneurs have little access to Silicon Valley’s venture-capital funding. : Silicon Valley built its prowess asking the question, “What great company has not been created?” They then build it and do it again — and again. The question suspiciously absent today in Silicon Valley is, “What great entrepreneur has not been funded?” Recent controversy over Uber’s corporate culture and, earlier, Ellen Pao’s unsuccessful discrimination lawsuit against powerful venture capital firm Kleiner Perkins Caufield & Byers, her former employer, ... Full investment news article
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University of Nebraska Foundation,