When raising money, you want to look through the lens of ‘What happens when things go wrong?’
BEN HOROWITZOver 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.
More Ben Horowitz Quotes
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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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As a startup CEO, I slept like a baby. I woke up every 2 hours and cried.
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As a company grows, communication becomes its biggest challenge.
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Your employees know each other better than they know you.
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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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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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You’re better off being The Beatles than The Monkees, as a startup.
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Don’t punk out and don’t quit.
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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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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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The trouble with innovation is that truly innovative ideas often look like bad ideas at the time.
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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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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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The one thing with stress is, you’ve got to keep your focus on what you can do, not what happened to you.
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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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