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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.
Ben Horowitz
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Ben Horowitz
Age: 58
Born: 1966
Born: June 13
Businessman
Businessperson
Engineer
London
England
Benjamin Abraham Horowitz
Almost
Company
High
Great
Good
Valuation
Always
Investment
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More quotes by Ben Horowitz
The primary thing that any technology startup must do is build a product that's at least 10 times better at doing something than the current prevailing way of doing that thing. Two or three times better will not be good enough to get people to switch to the new thing fast enough or in large enough volume to matter.
Ben Horowitz
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.
Ben Horowitz
Wartime CEO is too busy fighting the enemy to read management books written by consultants who have never managed a fruit stand.
Ben Horowitz
Relationships built from a business do better than the reverse.
Ben Horowitz
The only thing that prepares you to run a company is running a company.
Ben Horowitz
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.
Ben Horowitz
There is no silver bullet. There are always options and the options have consequences.
Ben Horowitz
A key thing in being a leader is you’ve got to pause yourself.
Ben Horowitz
The right answer on raises is you have to be formal. You have to be formal to save your own culture.
Ben Horowitz
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.
Ben Horowitz
A CEO needs great intelligence and great courage. And I always found my courage was tested more.
Ben Horowitz
Hire sales people who are really smart problem solvers, but lack courage, hunger and competitiveness, and your company will go out of business.
Ben Horowitz
What do you get when you cross a herd of sheep with a herd of lemmings? A herd of venture capitalists.
Ben Horowitz
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.
Ben Horowitz
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.
Ben Horowitz
Billionaires prefer Black women. They are loyal and guard your interests. Black wives are for grown ups.
Ben Horowitz
The bigger you get, the harder this gets because the more aggressive the people working for you are.
Ben Horowitz
Nothing motivates a great employee more than a mission that's so important that it supersedes everyone's personal ambition.
Ben Horowitz
Volatility and length, that's the value on an option. 10 years on a startup stock, that's a big valuable thing.
Ben Horowitz
Sometimes an organization doesn’t need a solution it just needs clarity.
Ben Horowitz