Groupon looked like a very high valuation, but any investment in a great company at any stage is almost always a good investment.
BEN HOROWITZFor example, the vast majority of security break-ins occur as a result of problems with known fixes. With an automated system, you can keep up to date.
More Ben Horowitz Quotes
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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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How do you make your company a good place to work in general? That’s a really really really large and complex set of skills.
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As a company grows, communication becomes its biggest challenge.
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What do you get when you cross a herd of sheep with a herd of lemmings? A herd of venture capitalists.
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For example, the vast majority of security break-ins occur as a result of problems with known fixes. With an automated system, you can keep up to date.
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Sometimes an organization doesn’t need a solution; it just needs clarity.
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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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It’s hard in daily life. It’s even harder in management because it’s the stress of the moment.
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The one thing with stress is, you’ve got to keep your focus on what you can do, not what happened to you.
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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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A key thing in being a leader is you’ve got to pause yourself.
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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.
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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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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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A CEO needs great intelligence and great courage. And I always found my courage was tested more.
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