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Top Silicon Valley VC Bill Gurley Slams Billionaire Peter Thiel, Says He Lost 'All Credibility'

Alyson ShontellDec 12, 2014, 04:17 IST

Benchmark partner Bill Gurley is an investor in tech companies like Uber, Snapchat and Twitter.

A few months ago, Twitter's management team was bashed by another Silicon Valley investor and billionaire, Peter Thiel. Thiel stated then that Twitter is a "horribly mismanaged company - probably a lot of pot-smoking going on there."

When Bloomberg's Emily Chang asked Gurley about that statement, Gurley said Thiel lacked credibility.

"I think he's on a book tour. I would just leave it at that," Gurley said of Thiel.

He added: "Once you make a statement like that about a management team who's created a $30 billion company, taken it public, grown revenues to a billion dollars - I just think you lose all credibility yourself."