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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
Lowered
Great
Remains
Dramatically
Years
Courage
Advances
Building
Company
Technological
High
Bars
Lasts
Ten
Last
Financial
Ever
Starting

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When I was CEO, and I'd listen to music, a lot of people listen to music and you get inspiration from it. And a lot of things in hip hop are very instructive for being in business. Particularly, hip hop is a lot about business, and so it was very useful for me in any job.
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Don't punk out and don't quit.
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Your employees know each other better than they know you.
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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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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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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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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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I don’t believe in statistics. I believe in calculus.
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Early in my career as an engineer, I’d learned that all decisions were objective until the first line of code was written. After that, all decisions were emotional.
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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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A key thing in being a leader is you’ve got to pause yourself.
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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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The only thing that prepares you to run a company is running a company.
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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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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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Until you make the effort to get to know someone or something, you don’t know anything.
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Relationships built from a business do better than the reverse.
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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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The bigger you get, the harder this gets because the more aggressive the people working for you are.
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Sometimes an organization doesn’t need a solution it just needs clarity.
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