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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.

Ben Horowitz

I emphasize to C.E.O.s, you have to have a story in the minds of the employees. It’s hard to memorize objectives, but it’s easy to remember a story.
BEN HOROWITZ

Mind Remember Stories
In my experience as CEO, I found that the most important decisions tested my courage far more than my intelligence.
BEN HOROWITZ

Decision Found Important
If you have never done the job, how do you know what to want?
BEN HOROWITZ

Done Jobs never Want
It’s hard in daily life. It’s even harder in management because it’s the stress of the moment.
BEN HOROWITZ

Daily Life Management Stress
Planning is valuable, tho the plan is usually useless.
BEN HOROWITZ

Planning Useless Valuable
You’re better off being The Beatles than The Monkees, as a startup.
BEN HOROWITZ

Better Startup
The bigger you get, the harder this gets because the more aggressive the people working for you are.
BEN HOROWITZ

Bigger Management People
You don’t need every investor to believe that you can succeed. You only need one.
BEN HOROWITZ

Believe Inspiration Needs
Don’t punk out and don’t quit.
BEN HOROWITZ

Inspirational Motivational Quit
When I was CEO, and I’d listen to music, a lot of people listen to music and you get inspiration from it. And a lot of things in hip hop are very instructive for being in business. Particularly, hip hop is a lot about business, and so it was very useful for me in any job.
BEN HOROWITZ

Express Inspiration Jobs People
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.
BEN HOROWITZ

Accurate Decision Good Jobs Mistake Place Reason
As a company grows, communication becomes its biggest challenge.
BEN HOROWITZ

Challenges Communication Company
The one thing with stress is, you’ve got to keep your focus on what you can do, not what happened to you.
BEN HOROWITZ

Focus Management Stress
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.
BEN HOROWITZ

Kind Moving Quality
It’s pretty clear that [customers] know what their budgets are now, and what they want to spend it on.
BEN HOROWITZ

Clear Customer Want
A lot of it is on the job training, combined with excellent mentorship.
BEN HOROWITZ

Excellent Job Lot Mentorship Training

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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Groupon looked like a very high valuation, but any investment in a great company at any stage is almost always a good investment.

Related Topics

Popular Authors

More Ben Horowitz Quotes