Business ends up being very dynamic and situational.
BEN HOROWITZI don’t believe in statistics. I believe in calculus.
More Ben Horowitz Quotes
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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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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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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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In life, you don’t have a level of confrontation and the nonsense you run into when you’re a CEO. CEOs aren’t born.
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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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When I was CEO, and I’d listen to music, a lot of people listen to music and you get inspiration from it. And a lot of things in hip hop are very instructive for being in business. Particularly, hip hop is a lot about business, and so it was very useful for me in any job.
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Note to self: It’s a good idea to ask, “What am I not doing?
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In Silicon Valley, when you’re a private company, the entrepreneur can do no wrong.
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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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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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I don’t believe in statistics. I believe in calculus.
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A key thing in being a leader is you’ve got to pause yourself.
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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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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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