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 HOROWITZYou can take somebody’s job, you have to take their job, but you don’t have to take their dignity.
More Ben Horowitz Quotes
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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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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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A key thing in being a leader is you’ve got to pause yourself.
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There are no silver bullets.
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Breakthrough ideas usually come from guys who look like they’re hallucinating
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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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Note to self: It’s a good idea to ask, “What am I not doing?
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Business ends up being very dynamic and situational.
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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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Sometimes an organization doesn’t need a solution; it just needs clarity.
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To succeed at selling a losing product, you must develop seriously superior sales techniques. In addition, you have to be massively competitive and incredibly hungry to survive in that environment.
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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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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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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.
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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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