korrents

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Proxy advisers judge companies by rule-compliance rather than shareholder interest, because they grew out of fraud prevention.

Drawn from what Bill Gurley said

A private bookmark. Not a position, and never counted.

What Bill Gurley actually said

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  1. Bill Gurley

    General partner at Benchmark Capital for over two decades

    they started from a place of corporate governance where they were looking out for fraud. And so so risk mitigation rather than shareholder interest. And so when you come at it from that perspective, you're like, there should be rules and people should adhere to the rules and when people get outside of the rules, that's bad.

Added to korrents 9 Jun 2026 · How quotes work · Something wrong? Tell us

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