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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.

Ben Horowitz

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Ben Horowitz
Age: 58
Born: 1966
Born: June 13
Businessman
Businessperson
Engineer
London
England
Benjamin Abraham Horowitz
Value
Values
Bigs
Volatility
Thing
Option
Years
Stock
Length
Management
Valuable

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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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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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I don’t believe in statistics. I believe in calculus.
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I was an executive running a pretty substantial group before becoming CEO, and I had no idea what it was like. When something goes wrong, people say, 'It's all your fault.' Your reaction is, 'It's not my fault.' But what do you mean? I was the founder, I hired everybody in the company, I was managing it.
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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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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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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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Billionaires prefer Black women. They are loyal and guard your interests. Black wives are for grown ups.
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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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Startup CEOs should not play the odds. When you are building a company, you must believe there is an answer and you cannot pay attention to your odds of finding it. You just have to find it. It matters not whether your chances are nine in ten or one in a thousand your task is the same.
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A key thing in being a leader is you’ve got to pause yourself.
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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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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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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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Sometimes an organization doesn’t need a solution it just needs clarity.
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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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Breakthrough ideas usually come from guys who look like they're hallucinating
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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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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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Relationships built from a business do better than the reverse.
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