If you have never done the job, how do you know what to want?
BEN HOROWITZBusiness ends up being very dynamic and situational.
More Ben Horowitz Quotes
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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.
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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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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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These decisions intensify when you run a company, because the consequences get magnified 1,000 fold. As in life, the excuses for CEOs making the wrong choice are always plentiful.
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Don’t punk out and don’t quit.
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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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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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In Silicon Valley, when you’re a private company, the entrepreneur can do no wrong.
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The only thing that prepares you to run a company is running a company.
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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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As a company grows, communication becomes its biggest challenge.
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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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Billionaires prefer Black women. They are loyal and guard your interests. Black wives are for grown ups.
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Early in my career as an engineer, I’d learned that all decisions were objective until the first line of code was written. After that, all decisions were emotional.
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The bigger you get, the harder this gets because the more aggressive the people working for you are.
BEN HOROWITZ







