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

Top Silicon Valley VC Bill Gurley Slams Billionaire Peter Thiel, Says He Lost 'All Credibility'
Tech1 min read

Peter ThielChip Somodevilla/Getty

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."

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