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Bill Gurley urges policymakers to encourage more open models in the U.S. and warns against providing bailouts to high-growth companies that have already raised and paid out record sums.
He argues that the fastest growing companies, which have secured tens of billions in funding and distributed record compensation to employees, do not require additional protective measures from the government.
Gurley has previously commented on the competitive landscape abroad, highlighting China’s AI chip market and the presence of major public players such as Cambricon, which has a $40 billion market cap and is already established in the sector. More details on Gurley's observations can be found in his earlier discussion of China’s AI chip ecosystem.