A Quote by Bill Gurley

Silicon Valley is way more correlated with Nasdaq than anyone admits. — © Bill Gurley
Silicon Valley is way more correlated with Nasdaq than anyone admits.
Just the number of people - 'Silicon Valley''s a relatively small, core cast, whereas 'The Office' was enormous. Also, I feel more of a sense of ownership of 'Silicon Valley' because I've been there from the get-go.
When I got to the Bay Area, everyone was talking about 'Silicon Valley, Silicon Valley,' so I just wanted to go and learn more about it.
More and more major industries are being run on software and delivered as online services—from movies to agriculture to national defense. Many of the winners are Silicon Valley-style entrepreneurial technology companies that are invading and overturning established industry structures. Over the next 10 years, I expect many more industries to be disrupted by software, with new world-beating Silicon Valley companies doing the disruption in more cases than not.
Sometimes, in Silicon Valley, there is this attitude that we know best and we can change the world. The boldness allows us to invent the future. But, we need more empathy for those who are left behind and a recognition that Silicon Valley can't just call the shots and expect change.
Silicon Valley does not breed great technology. Instead, the smartest people from around the world tend to move to Silicon Valley.
When I first moved to Hollywood from Silicon Valley, I had some misgivings. But I found that there were some advantages to being in Hollywood. And, in fact, some advantages to owning your own media company. And I also found that Hollywood and Silicon Valley have a lot more in common than I would have dreamed.
I'm probably the worst Silicon Valley insider ever. I don't hang out with Silicon Valley people.
What created Silicon Valley was a culture of openness, and there is no future to Silicon Valley without it.
I'm a Silicon Valley guy. I just think people from Silicon Valley can do anything.
There's no more silicon in Silicon Valley. It's all iPhone apps.
I don't program, so I don't belong in Silicon Valley. If I did belong in Silicon Valley, I'd be there creating a revolutionary compression algorithm for billions of dollars.
America tends to assume Silicon Valley-style innovators can drive quick and transformative changes, but even Silicon Valley's would-be masters of the universe have discovered that energy transitions are subject to time spans and technical constraints that defy their reach.
I think governments will increasingly be tempted to rely on Silicon Valley to solve problems like obesity or climate change because Silicon Valley runs the information infrastructure through which we consume information.
So the world is much more correlated than we give credit to. And so we see more of what Nassim Taleb calls "black swan events" - rare events happen more often than they should because the world is more correlated.
The people running Silicon Valley are not making the show because they want to do a satire of Silicon Valley. They are just comedy writers, and they want to make a funny show.
Japan will change. Let's create a country where innovation is constantly happening, giving birth to new industries to lead the world, when I visit Silicon Valley I want to think about how we can take Silicon Valley's ways and make them work in Japan.
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