Volatility and length, that’s the value on an option. 10 years on a startup stock, that’s a big valuable thing.
BEN HOROWITZMost 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.
More Ben Horowitz Quotes
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As a startup CEO, I slept like a baby. I woke up every 2 hours and cried.
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The only thing that prepares you to run a company is running a company.
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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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Sometimes an organization doesn’t need a solution; it just needs clarity.
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Don’t punk out and don’t quit.
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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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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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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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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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Early in my career as an engineer, I’d learned that all decisions were objective until the first line of code was written. After that, all decisions were emotional.
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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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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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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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Your employees know each other better than they know you.
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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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It’s quite possible for an executive to hit her goal for the quarter by ignoring the future.
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A manager can’t act like a role model. They need to BE a role model.
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I don’t believe in statistics. I believe in calculus.
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There are no silver bullets.
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As a company grows, communication becomes its biggest challenge.
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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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You’re better off being The Beatles than The Monkees, as a startup.
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Here’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.
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It turns out that is exactly what product strategy is all about—figuring out the right product is the innovator’s job, not the customer’s job.
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You don’t need every investor to believe that you can succeed. You only need one.
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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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