The right answer on raises is you have to be formal. You have to be formal to save your own culture.
BEN HOROWITZYou know what the difference between a vision and a hallucination is? They call it a vision when other people can see it.
More Ben Horowitz Quotes
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It’s pretty clear that [customers] know what their budgets are now, and what they want to spend it on.
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Every time you make the hard, correct decision you become a bit more courageous, and every time you make the easy, wrong decision you become a bit more cowardly. If you are CEO, these choices will lead to a courageous or cowardly company.
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In Silicon Valley, when you’re a private company, the entrepreneur can do no wrong.
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Most large mistakes in organizational design come from putting the individual ambitions of the people at the top of the organization ahead of the communication paths for the people at the bottom of the organization.
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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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There are no silver bullets.
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Hire sales people who are really smart problem solvers, but lack courage, hunger and competitiveness, and your company will go out of business.
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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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In my experience as CEO, I found that the most important decisions tested my courage far more than my intelligence.
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Volatility and length, that’s the value on an option. 10 years on a startup stock, that’s a big valuable thing.
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It’s hard in daily life. It’s even harder in management because it’s the stress of the moment.
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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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If you have never done the job, how do you know what to want?
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A manager can’t act like a role model. They need to BE a role model.
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When you’re making a critical decision, you have to understand how it’s going to be interpreted from all points of view. Not just your point of view, not just the person you’re talking to, but the people that aren’t in the room. Everybody else.
BEN HOROWITZ