Recode Decode: Benchmark partner Bill Gurley
Decoder with Nilay Patel
The Cycle of Innovation and the Risks of Entrepreneurship
In this chapter, they discuss the cycle of innovation and how people tend to forget about the risks and challenges associated with entrepreneurship. They mention that the younger generation of entrepreneurs lacks the muscle memory of previous hard times, like the dot-com bubble in 1999. They also talk about the different types of entrepreneurs, including those who are indifferent to difficult times and those who only show up in Silicon Valley when it's advantageous for them.
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