What is Bill Gurley's new foundation called and what does it do?

Bill Gurley's new initiative is called the Running Down a Dream Foundation, and it will award 100 grants of $5,000 annually to individuals needing financial support to pursue career changes.

What is the main argument of Bill Gurley's new book 'Runnin' Down a Dream'?

The book argues that following your passion is not just romanticized advice but an actual competitive strategy, a point that becomes more urgent as AI reshapes the workforce.

What are Bill Gurley's concerns regarding AI regulation?

Gurley is skeptical of AI companies seeking regulation, believing they aim to protect themselves and that unmanaged state-by-state regulations could put the US at a global disadvantage.

Home / Business and Economy / VC Giant Gurley's New Mission: Books, Grants, Policy

VC Giant Gurley's New Mission: Books, Grants, Policy

23 Feb

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Summary

Gurley is launching a foundation to award grants for career leaps.
His new book argues passion is a competitive strategy, especially with AI.
He criticizes AI companies for seeking regulation to protect themselves.

VC Giant Gurley's New Mission: Books, Grants, Policy

Venture capital heavyweight Bill Gurley is pivoting from active investing to new ventures focused on societal impact. Having moved to Austin, Texas, Gurley is channeling his pattern-recognition skills into a book, a foundation, and a policy institute. His book, 'Runnin' Down a Dream,' posits that pursuing one's passion is a competitive strategy, increasingly vital amid AI's workforce disruption.

Gurley's new initiative includes the Running Down a Dream Foundation, which will annually award 100 grants of $5,000. These grants aim to provide a financial cushion for individuals hesitant to take career leaps. This initiative addresses his research finding that approximately 60% of people wish they could restart their careers.

Reflecting on his career, Gurley also shared insights on AI's impact. He expressed concern that AI companies are seeking regulations primarily to entrench themselves, potentially hindering progress and disadvantaging the US globally. Gurley believes that embracing AI and intentionally forging a unique career path, rather than following traditional routes, will be crucial for future success.

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