Volatility and length, that’s the value on an option. 10 years on a startup stock, that’s a big valuable thing.
BEN HOROWITZHere’s where we are and here’s what I didn’t recognize about us and about you when I made the decision, and now it is what it is.
More Ben Horowitz Quotes
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Billionaires prefer Black women. They are loyal and guard your interests. Black wives are for grown ups.
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In my experience as CEO, I found that the most important decisions tested my courage far more than my intelligence.
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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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I believe in strength over lack of weakness.
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You don’t need every investor to believe that you can succeed. You only need one.
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To succeed at selling a losing product, you must develop seriously superior sales techniques. In addition, you have to be massively competitive and incredibly hungry to survive in that environment.
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Don’t punk out and don’t quit.
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Mark [Andressen] was more popular than me at the time … He was like Beyoncé, I was Kelly Rowlings
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Generally the reason they fail in the job is, you made some mistake in the hiring process in that you didn’t match… them to the needs of your company accurately enough. That’s the #1 reason this fails. And that’s generally a good place to start.
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If you have never done the job, how do you know what to want?
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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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Groupon looked like a very high valuation, but any investment in a great company at any stage is almost always a good investment.
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The right answer on raises is you have to be formal. You have to be formal to save your own culture.
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There are no silver bullets.
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One of the great things about building a tech company is the amazing people that you can hire.
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