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 HOROWITZIt’s pretty clear that [customers] know what their budgets are now, and what they want to spend it on.
More Ben Horowitz Quotes
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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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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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Wartime CEO is too busy fighting the enemy to read management books written by consultants who have never managed a fruit stand.
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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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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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One of the great things about building a tech company is the amazing people that you can hire.
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You can take somebody’s job, you have to take their job, but you don’t have to take their dignity.
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The only thing that prepares you to run a company is running a company.
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The trouble with innovation is that truly innovative ideas often look like bad ideas at the time.
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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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There are no shortcuts to knowledge, especially knowledge gained from personal experience. Following conventional wisdom and relying on shortcuts can be worse than knowing nothing at all.
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Sometimes an organization doesn’t need a solution; it just needs clarity.
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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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Leadership is hard to train on.
BEN HOROWITZ
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