As a company gets big, the information that informs decision-making gets massive. Depending upon the prism through which you view the business, your perspective will vary. If two people are in charge, this variance will cause conflict and delay. Ben Horowitz Read Quote
Every employee in a company depends on the C.E.O. to make fast, high-quality decisions. Ben Horowitz Read Quote
If somebody’s going on your board, and you’re going to be C.E.O., it will help if that person knows how to be C.E.O., who has done it before. Ben Horowitz Read Quote
When you found a company, you have the original vision, you make all the original decisions, you know every employee, you kind of know every aspect of the product architecture and its limitations. Ben Horowitz Read Quote
The big value of the founder running the company is really two things: the knowledge and the commitment. Ben Horowitz Read Quote
The implications of so many people connected to the Internet all the time from the standpoint of education is incredible. Ben Horowitz Read Quote
Going public today is fraught with peril on many levels. One is earnings guidance. If you miss guidance, the stock price becomes very volatile. Short sellers can put a tremendous downward pressure on the stock. Ben Horowitz Read Quote
When the value of the company clearly has fallen below what its assets are worth, having a shareholder who says, ‘Let’s get a better board’ can be helpful. Ben Horowitz Read Quote
Shareholder activism works when activists understand something about the characteristics of the business that the board doesn’t. Ben Horowitz Read Quote