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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.

Ben Horowitz

One of the great things about building a tech company is the amazing people that you can hire.
BEN HOROWITZ

Building Great People Things
Planning is valuable, tho the plan is usually useless.
BEN HOROWITZ

Planning Useless Valuable
Business ends up being very dynamic and situational.
BEN HOROWITZ

Business Dynamic Ends Situation
In life, everybody faces choices between doing what’s popular, easy, and wrong vs. doing what’s lonely, difficult, and right.
BEN HOROWITZ

Decision Lonely Running
Mark [Andressen] was more popular than me at the time … He was like Beyoncé, I was Kelly Rowlings
BEN HOROWITZ

Beyonce Mark More Popular Time
You’re better off being The Beatles than The Monkees, as a startup.
BEN HOROWITZ

Better Startup
I don’t believe in statistics. I believe in calculus.
BEN HOROWITZ

Believe Statistics
There are no silver bullets.
BEN HOROWITZ

Bullets Growth No Silver
In a company, hundreds of decisions get made, but objectives and goals are thin.
BEN HOROWITZ

Decision Goal Made
The person they’re working with, is going to be the person they’ll know more. So if that person leaves, they’re going to go – well, should have I left too? What did they get and how does that compare to my deal.
BEN HOROWITZ

Company Deal Leaves Management
Leadership is hard to train on.
BEN HOROWITZ

Hard Leadership Train
It’s hard in daily life. It’s even harder in management because it’s the stress of the moment.
BEN HOROWITZ

Daily Life Management Stress
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.
BEN HOROWITZ

Career Decision Emotional
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.
BEN HOROWITZ

Levels Nonsense Running
As a startup CEO, I slept like a baby. I woke up every 2 hours and cried.
BEN HOROWITZ

Baby Hours Motivation
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.
BEN HOROWITZ

Date Example Majority Problem Result

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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Groupon looked like a very high valuation, but any investment in a great company at any stage is almost always a good investment.

Related Topics

Popular Authors

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