Groupon looked like a very high valuation, but any investment in a great company at any stage is almost always a good investment.
BEN HOROWITZIt 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.
More Ben Horowitz Quotes
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A lot of it is on the job training, combined with excellent mentorship.
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I don’t believe in statistics. I believe in calculus.
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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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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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A CEO needs great intelligence and great courage. And I always found my courage was tested more.
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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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Nothing motivates a great employee more than a mission that’s so important that it supersedes everyone’s personal ambition.
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Over the last ten years, technological advances have dramatically lowered the financial bar for starting a new company, but the courage bar for building a great company remains as high as it has ever been.
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A manager can’t act like a role model. They need to BE a role model.
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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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If you have never done the job, how do you know what to want?
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In a company, hundreds of decisions get made, but objectives and goals are thin.
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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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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 bigger you get, the harder this gets because the more aggressive the people working for you are.
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