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 HOROWITZIn life, you don’t have a level of confrontation and the nonsense you run into when you’re a CEO. CEOs aren’t born.
More Ben Horowitz Quotes
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If you have never done the job, how do you know what to want?
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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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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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One of the great things about building a tech company is the amazing people that you can hire.
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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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Nothing motivates a great employee more than a mission that’s so important that it supersedes everyone’s personal ambition.
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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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Don’t punk out and don’t quit.
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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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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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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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Your employees know each other better than they know you.
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There are no silver bullets.
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Business ends up being very dynamic and situational.
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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.
BEN HOROWITZ