Bill Maris
Bill Maris
Bill Maris is a venture capitalist and the CEO at GV, a venture capital firm established by Maris and funded through Alphabet. With approximately $2.4 billion under management and investments in Uber and Nest, the six-year-old fund is described as one of the hottest in Silicon Valley. Maris oversees all of GV’s funding activity and has a particular interest in next generation life sciences and artificial intelligence. He was instrumental in the formation of Google’s Calico project...
NationalityAmerican
ProfessionBusinessman
CountryUnited States of America
With a regular venture fund, you raise, let's say, a billion dollars, and then over the next three or four years, you've got to invest that money; otherwise, the people who invested with you will say, 'What are you doing? You're just collecting fees on our money.'
If I were to leave and raise a venture fund, I would have to find 10 or 100 LPs. They would all give me a bunch of money, and I would take a percentage of that to pay myself. They would expect me to invest that over the next three years, and they want that money back in seven or eight years.
I used to be a health-care investor a long time ago in the public markets. One thing I learned that we tried to apply here is that investing in small molecules, trying to invest in the next treatment, there's an element of gambling to that.
There are a number of start-ups in Europe that are able to reach beyond their own country. Take Spotify - Spotify just in Sweden isn't that interesting compared to Spotify all over the world.
We're looking for people who are working on things that seem out of reach, uncomfortably difficult.
We make a series of investments, some will pan out and some won't.
VC firms are... responsible for the full life cycle of a company: they find it, help it grow, open up a Rolodex, and sell it.
To create exponential growth in health care, we need to put tremendous resources and focus behind the best human minds working in this field.
Time is the one thing I can't get back and can't give back to you.
The reality is regulation often lags behind innovation.
The reality is if you were going to die tomorrow, and someone offered you another 10 years, most people would take those 10 years.
Silicon Valley has been a technology capital like New York is a financial capital.
Organizing healthcare information is a daunting task, but it is not an impossible task. We've had people walk on the moon. This is a lot more doable.
If I'm an entrepreneur, and I have a term sheet from Sequoia and Kleiner, that's the safe choice. Google Ventures is the brave choice.