Volatility and length, that’s the value on an option. 10 years on a startup stock, that’s a big valuable thing.
BEN HOROWITZBusiness ends up being very dynamic and situational.
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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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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There are no silver bullets.
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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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Nothing motivates a great employee more than a mission that’s so important that it supersedes everyone’s personal ambition.
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Planning is valuable, tho the plan is usually useless.
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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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Business ends up being very dynamic and situational.
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I think theres a lot to be said about just enjoying your work. It can be very contrived when people say their work is for the good of mankind.
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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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Until you make the effort to get to know someone or something, you don’t know anything.
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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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Mark [Andressen] was more popular than me at the time … He was like Beyoncé, I was Kelly Rowlings
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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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It’s hard in daily life. It’s even harder in management because it’s the stress of the moment.
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