Volatility and length, that’s the value on an option. 10 years on a startup stock, that’s a big valuable thing.
BEN HOROWITZA CEO needs great intelligence and great courage. And I always found my courage was tested more.
More Ben Horowitz Quotes
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A lot of it is on the job training, combined with excellent mentorship.
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As companies move to web-based computing they get a lot more servers, which are difficult to manage and control. All kinds of problems can arise – security, quality and worms.
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The bigger you get, the harder this gets because the more aggressive the people working for you are.
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You know what the difference between a vision and a hallucination is? They call it a vision when other people can see it.
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There is no silver bullet. There are always options and the options have consequences.
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A manager can’t act like a role model. They need to BE a role model.
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Here’s Kanye, the great musical genius of his generation in hip hop, but, like, society really can’t even deal with him because he’s always saying something that people go, ‘Oh, I can’t believe Kanye said that. I can’t believe he did that.’
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The key to high-quality communication is trust, and its hard to trust somebody that you dont know.
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Yeah, I became a successful entrepreneur… Eventually
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Until you make the effort to get to know someone or something, you don’t know anything.
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Over the last ten years, technological advances have dramatically lowered the financial bar for starting a new company, but the courage bar for building a great company remains as high as it has ever been.
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The person they’re working with, is going to be the person they’ll know more. So if that person leaves, they’re going to go – well, should have I left too? What did they get and how does that compare to my deal.
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When raising money, you want to look through the lens of ‘What happens when things go wrong?’
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There are no silver bullets.
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In my experience as CEO, I found that the most important decisions tested my courage far more than my intelligence.
BEN HOROWITZ