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.
BEN HOROWITZRelationships built from a business do better than the reverse.
More Ben Horowitz Quotes
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When raising money, you want to look through the lens of ‘What happens when things go wrong?’
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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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Relationships built from a business do better than the reverse.
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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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Breakthrough ideas usually come from guys who look like they’re hallucinating
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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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Don’t punk out and don’t quit.
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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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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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Billionaires prefer Black women. They are loyal and guard your interests. Black wives are for grown ups.
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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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It’s quite possible for an executive to hit her goal for the quarter by ignoring the future.
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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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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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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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It turns out that is exactly what product strategy is all about—figuring out the right product is the innovator’s job, not the customer’s job.
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You know what the difference between a vision and a hallucination is? They call it a vision when other people can see it.
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A manager can’t act like a role model. They need to BE a role model.
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Leadership is hard to train on.
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There is no silver bullet. There are always options and the options have consequences.
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Business ends up being very dynamic and situational.
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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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Mark [Andressen] was more popular than me at the time … He was like Beyoncé, I was Kelly Rowlings
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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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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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