VC Bill Gurley Tells Startups to Beware of ‘Dirty’ Fundraising Terms

Bill Gurley, general partner at Benchmark, sounded the alarm about changes affecting startups.

Photographer: David Paul Morris/Bloomberg

Bill Gurley, an influential venture capitalist who made an early bet on Uber Technologies Inc., sounded the alarm over what he described as a “fundamental sea-change in the investment community.”

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