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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 Horowitz
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Ben Horowitz
Age: 58
Born: 1966
Born: June 13
Businessman
Businessperson
Engineer
London
England
Benjamin Abraham Horowitz
Company
Technological
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More quotes by Ben Horowitz
There is no silver bullet. There are always options and the options have consequences.
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A key thing in being a leader is you’ve got to pause yourself.
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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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The bigger you get, the harder this gets because the more aggressive the people working for you are.
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Hire sales people who are really smart problem solvers, but lack courage, hunger and competitiveness, and your company will go out of business.
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Until you make the effort to get to know someone or something, you don’t know anything.
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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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In all the difficult decisions that I made through the course of running Loudcloud and Opsware, I never once felt brave. In fact, I often felt scared to death. I never lost those feelings, but after much practice, I learned to ignore them. That learning process might also be called the courage development process.
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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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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. A lot of it is on the job training, combined with excellent mentorship.
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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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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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The only thing that prepares you to run a company is running a company.
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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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I don’t believe in statistics. I believe in calculus.
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Your employees know each other better than they know you.
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Relationships built from a business do better than the reverse.
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In life, everybody faces choices between doing what's popular, easy, and wrong vs. doing what's lonely, difficult, and right. 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 right thing to do is to thank them for their work, let people know that they're moving on, and ... you don't really have to explain all their personal details. It's more important to leave them with their dignity... and let them go on to live another day. Remember, what you say at that meeting, that's their reputation.
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Sometimes an organization doesn’t need a solution it just needs clarity.
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