Snap's recent IPO was driven in large part on the pitch of its visionary founder, Evan Spiegel — not unlike Amazon's IPO, according to top venture capitalist Bill Gurley. He said both founders have the "genius" to see opportunities — like cloud and augmented reality — that others have missed.
Before becoming a venture capitalist, Gurley said he worked with famed investor Frank Quattrone on the team that helped Amazon founder Jeff Bezos go public.
"It was fairly early — I think it was a single warehouse. I remember because Scott Cook and I did a presentation on why the employees should not watch the stock price
The way Bezos has grown his small bookstore platform makes him perhaps the best entrepreneur in recent history after Steve Jobs, Gurley said. Not only did Amazon grow its core retail business, but it also launched dominant cloud platform AWS, a move that Gurley said was "pure genius."
"I would say of all the people I know, he's certainly the most strategic thinker I've ever met," Gurley said.
Gurley spoke with angel investor Jason Calacanis from the LAUNCH Festival in San Francisco. Gurley is at Benchmark, where he invested in