Volatility and length, that’s the value on an option. 10 years on a startup stock, that’s a big valuable thing.
BEN HOROWITZUntil you make the effort to get to know someone or something, you don’t know anything.
More Ben Horowitz Quotes
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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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A CEO needs great intelligence and great courage. And I always found my courage was tested more.
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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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As a company grows, communication becomes its biggest challenge.
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Wartime CEO is too busy fighting the enemy to read management books written by consultants who have never managed a fruit stand.
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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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Here’s Kanye, the great musical genius of his generation in hip hop, but, like, society really can’t even deal with him because he’s always saying something that people go, ‘Oh, I can’t believe Kanye said that. I can’t believe he did that.’
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In a company, hundreds of decisions get made, but objectives and goals are thin.
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You can take somebody’s job, you have to take their job, but you don’t have to take their dignity.
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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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The important thing about mobile is, everybody has a computer in their pocket. The implications of so many people connected to the Internet all the time from the standpoint of education is incredible.
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Business ends up being very dynamic and situational.
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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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Here’s where we are and here’s what I didn’t recognize about us and about you when I made the decision, and now it is what it is.
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Every time you make the hard, correct decision you become a bit more courageous, and every time you make the easy, wrong decision you become a bit more cowardly. If you are CEO, these choices will lead to a courageous or cowardly company.
BEN HOROWITZ