The bigger you get, the harder this gets because the more aggressive the people working for you are.
BEN HOROWITZThese 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.
More Ben Horowitz Quotes
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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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When you’re making a critical decision, you have to understand how it’s going to be interpreted from all points of view. Not just your point of view, not just the person you’re talking to, but the people that aren’t in the room. Everybody else.
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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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Relationships built from a business do better than the reverse.
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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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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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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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It’s pretty clear that [customers] know what their budgets are now, and what they want to spend it on.
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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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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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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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A CEO needs great intelligence and great courage. And I always found my courage was tested more.
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Yeah, I became a successful entrepreneur… Eventually
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As a company grows, communication becomes its biggest challenge.
BEN HOROWITZ