As a startup CEO, I slept like a baby. I woke up every 2 hours and cried.
BEN HOROWITZThere 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.
More Ben Horowitz Quotes
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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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I believe in strength over lack of weakness.
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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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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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Billionaires prefer Black women. They are loyal and guard your interests. Black wives are for grown ups.
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As a company grows, communication becomes its biggest challenge.
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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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In life, everybody faces choices between doing what’s popular, easy, and wrong vs. doing what’s lonely, difficult, and right.
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Business ends up being very dynamic and situational.
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The key to high-quality communication is trust, and its hard to trust somebody that you dont know.
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You’re better off being The Beatles than The Monkees, as a startup.
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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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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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It’s pretty clear that [customers] know what their budgets are now, and what they want to spend it on.
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Your employees know each other better than they know you.
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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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Planning is valuable, tho the plan is usually useless.
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The bigger you get, the harder this gets because the more aggressive the people working for you are.
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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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In my experience as CEO, I found that the most important decisions tested my courage far more than my intelligence.
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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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The trouble with innovation is that truly innovative ideas often look like bad ideas at the time.
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Note to self: It’s a good idea to ask, “What am I not doing?
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Every time you make the hard, correct decision you become a bit more courageous, and every time you make the easy, wrong decision you become a bit more cowardly. If you are CEO, these choices will lead to a courageous or cowardly company.
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I don’t believe in statistics. I believe in calculus.
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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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