EDITOR’S NOTE: In this talk from the All-In Summit 2026, legendary venture capitalist Bill Gurley delivers a thought-provoking presentation on institutional failure, investigative accountability, and the importance of root cause analysis. Drawing on major disasters like the Surfside collapse, Boeing 737 MAX crashes, Hurricane Katrina, and Fukushima, Gurley explores how societies respond — and sometimes fail to respond — when catastrophe strikes. This is a must-watch for anyone interested in how systems fail and how they can be fixed.
TRANSCRIPT:
BILL GURLEY: It’s good to be here again. 3 years ago, I gave a talk on regulatory capture, and this group was quite kind in how they reacted and how that video was promoted. And I’m very happy we got that word out into the public discourse. Obviously, today you hear it quite a bit.
I have a different topic I’m going to talk to you about today. It’s not — I’m not going to talk about AI. It’s a serious topic, and so there might not be as many fun joke parts in it, but it’s something that’s been weighing on my mind for the past 5 or 6 years, and I’m thankful that the team here allowed me to come to talk to you about it, and I’m hopeful that we...