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Ben Horowitz explains the biggest mistake founders make pitching VCs “The big mistake people make is they try to appeal too much to the venture capitalists. That’ll drive us crazy because it’s a little bit of a sign of anti-courage.” Ben shares an example of being pitched by founders... who are conservative in their estimates because they know ‘VCs like conservatism.’ However, what VCs want to hear is what you actually believe — not what you think they want to hear. “Anything that shows a lack of conviction or courage or belief in what you’re doing is what always ends up worrying me. Either you believe it or you don’t. Either you’re committed or you’re not. Either you have the courage to build the company or you don’t.” Importantly though, as Ben points out, courage doesn’t mean that you don’t feel fear. He recalls the quote from boxing coach Cus D’Amato: “The hero and the coward both feel the same thing, but the hero uses his fear, projects it onto his opponent, while the coward runs. It’s the same thing, fear, but it’s what you do with it that matters.” Video source: Kevin Rose (2012)show more

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Ben Horowitz explains why courage is the most important trait for startup founders “Does the founder have the courage to build the company?… Aristotle said courage is the first virtue, and it’s really important in leadership. Integrity, honesty, and so forth - everybody has them in certain situations. But that’s not the question. The question is if it’s going to cost you your company, do you have your integrity? If it’s going to cost you your job, are you honest? If it’s going to completely embarrass you in front of everybody, do you have it then? The only way you have it then is if you have courage.” Ben continues: “Courage ends up being the foundation for a lot of what we need in an entrepreneur. I always say you need two things. You need great intelligence and great courage. And I always found as an entrepreneur my courage was tested far more than my intelligence. And I think that’s pretty universal.” Video source: Kevin Rose (2012)

Ben Horowitz explains why courage is the most important trait for startup founders “Does the founder have the courage to build the company?… Aristotle said courage is the first virtue, and it’s really important in leadership. Integrity, honesty, and so forth - everybody has them in certain situations. But that’s not the question. The question is if it’s going to cost you your company, do you have your integrity? If it’s going to cost you your job, are you honest? If it’s going to completely embarrass you in front of everybody, do you have it then? The only way you have it then is if you have courage.” Ben continues: “Courage ends up being the foundation for a lot of what we need in an entrepreneur. I always say you need two things. You need great intelligence and great courage. And I always found as an entrepreneur my courage was tested far more than my intelligence. And I think that’s pretty universal.” Video source: Kevin Rose (2012)

Startup Archive

70,720 Aufrufe • vor 7 Monaten

Ben Horowitz advice to CEOs “You want to be liked and respected in the long-run. Not the short-run.” “You have to be able to tell [your team] the truth in a way that you probably don’t tell most of your friends the truth,” the a16z co-founder explains. “Anthropologically, we want people to like us so we tell them what they want to hear. But on a company level or if your on the board of somebody’s company, you have to be able to tell them what they don’t want to hear. That’s the most important thing you’re going to say. And yes, they’re not going to like it when you say, but over time it can save the company.” Ben continues: “That’s what leadership is about. If everybody agrees with the decision, then you didn’t add any value, because they would’ve done that without you. The only value you ever add is when you make a decision that most people don’t like, and that’s where leadership comes in… That’s the thing that takes practice.” He gives Nvidia CEO Jensen Huang as an example: “When Jensen talks about how you have to get to near-death to get yourself to do that, I think that’s true. It’s hard to build that [muscle of telling people what they don’t want to hear] if everything is going great.” Source: Lenny Rachitsky (Sep 2025)

Ben Horowitz advice to CEOs “You want to be liked and respected in the long-run. Not the short-run.” “You have to be able to tell [your team] the truth in a way that you probably don’t tell most of your friends the truth,” the a16z co-founder explains. “Anthropologically, we want people to like us so we tell them what they want to hear. But on a company level or if your on the board of somebody’s company, you have to be able to tell them what they don’t want to hear. That’s the most important thing you’re going to say. And yes, they’re not going to like it when you say, but over time it can save the company.” Ben continues: “That’s what leadership is about. If everybody agrees with the decision, then you didn’t add any value, because they would’ve done that without you. The only value you ever add is when you make a decision that most people don’t like, and that’s where leadership comes in… That’s the thing that takes practice.” He gives Nvidia CEO Jensen Huang as an example: “When Jensen talks about how you have to get to near-death to get yourself to do that, I think that’s true. It’s hard to build that [muscle of telling people what they don’t want to hear] if everything is going great.” Source: Lenny Rachitsky (Sep 2025)

Startup Archive

25,394 Aufrufe • vor 1 Monat

Ben Horowitz on what makes the job of a startup CEO so difficult “The way to think about [the CEO job] is: You invent something the world may want, so you start a company. You hire every person you know who you think is good and respect. You raise money from people. You go sign up customers, and those customers depend on you to succeed. It’s a lot of pressure. But you don’t actually know what you’re doing. You’ve never been a CEO. You’ve never run a big organization.” Ben continues: “You know everyone’s depending on you. And all you do is work, so you don’t have any life outside of this, and your life is basically over if this company fails. And you don’t know [if your decisions] are the right thing to do — you only think it. And then you have people around you telling you, ‘No, it’s not the right thing to do.’ So how do you trust your eyes and trust what you think, then go do it? It’s a very difficult problem.” “This is where I see CEOs fail all the time,” Ben says. They think they know what the right thing to do is, but they don’t act on it. They hesitate because there’s “too much scary stuff” between you and making that decision (e.g. the pressure of it all, people telling you you’re wrong, etc.). Video source: a16z (2025)

Ben Horowitz on what makes the job of a startup CEO so difficult “The way to think about [the CEO job] is: You invent something the world may want, so you start a company. You hire every person you know who you think is good and respect. You raise money from people. You go sign up customers, and those customers depend on you to succeed. It’s a lot of pressure. But you don’t actually know what you’re doing. You’ve never been a CEO. You’ve never run a big organization.” Ben continues: “You know everyone’s depending on you. And all you do is work, so you don’t have any life outside of this, and your life is basically over if this company fails. And you don’t know [if your decisions] are the right thing to do — you only think it. And then you have people around you telling you, ‘No, it’s not the right thing to do.’ So how do you trust your eyes and trust what you think, then go do it? It’s a very difficult problem.” “This is where I see CEOs fail all the time,” Ben says. They think they know what the right thing to do is, but they don’t act on it. They hesitate because there’s “too much scary stuff” between you and making that decision (e.g. the pressure of it all, people telling you you’re wrong, etc.). Video source: a16z (2025)

Startup Archive

44,950 Aufrufe • vor 1 Jahr

Ben Horowitz explains why he looks for courage in the startup founders he invests in “Does the founder have the courage to build the company?… Aristotle said courage is the first virtue, and it’s really important in leadership. Integrity, honesty, and so forth - everybody has them in certain situations. But that’s not the question. The question is if it’s going to cost you your company, do you have your integrity? If it’s going to cost you your job, are you honest? If it’s going to completely embarrass you in front of everybody, do you have it then? The only way you have it then is if you have courage.” Ben continues: “Courage ends up being the foundation for a lot of what we need in an entrepreneur. I always say you need two things. You need great intelligence and great courage. And I always found as an entrepreneur my courage was tested far more than my intelligence. And I think that’s pretty universal.” Video Source: Kevin Rose

Ben Horowitz explains why he looks for courage in the startup founders he invests in “Does the founder have the courage to build the company?… Aristotle said courage is the first virtue, and it’s really important in leadership. Integrity, honesty, and so forth - everybody has them in certain situations. But that’s not the question. The question is if it’s going to cost you your company, do you have your integrity? If it’s going to cost you your job, are you honest? If it’s going to completely embarrass you in front of everybody, do you have it then? The only way you have it then is if you have courage.” Ben continues: “Courage ends up being the foundation for a lot of what we need in an entrepreneur. I always say you need two things. You need great intelligence and great courage. And I always found as an entrepreneur my courage was tested far more than my intelligence. And I think that’s pretty universal.” Video Source: Kevin Rose

Startup Archive

34,764 Aufrufe • vor 2 Jahren

Scott Jennings: “You cannot let an angry mob nullify federal law in a jurisdiction.” Lulu Garcia-Navarro: “You mean the American people? Is that what the angry mob is, the American people?” Scott Jennings: “These people in Minneapolis are an angry mob, whether you like it or not. They don’t like the fact that the president is enforcing longstanding federal immigration law.” “The debate is about what the president’s going to do next. And if you were to let them win and you were to be run out of town, what do you think would happen in LA, Chicago, New York, all over the country?” “You’re either going to choose to enforce the law or you’re not.”

Scott Jennings: “You cannot let an angry mob nullify federal law in a jurisdiction.” Lulu Garcia-Navarro: “You mean the American people? Is that what the angry mob is, the American people?” Scott Jennings: “These people in Minneapolis are an angry mob, whether you like it or not. They don’t like the fact that the president is enforcing longstanding federal immigration law.” “The debate is about what the president’s going to do next. And if you were to let them win and you were to be run out of town, what do you think would happen in LA, Chicago, New York, all over the country?” “You’re either going to choose to enforce the law or you’re not.”

RedWave Press

216,183 Aufrufe • vor 6 Monaten

This woman nails it👏! Liberals, you say you “stand with Ukraine” but do you even realize Ukraine doesn’t stand with your ideologies?? For one thing, gay marriage is illegal. Men are literally kidnapped off the streets, screaming for their lives, because they don’t want to fight the war! They have no say, no bodily autonomy to make that choice for themselves. Wouldn’t kidnapping a person to fight in a war they don’t want to fight, because they want peace, be dictatorship? Lack of bodily autonomy? Lack of choice? Everything you claim to be against? Are you aware that the soldiers in Ukraine are saying in interviews they don’t want to fight anymore? They’re tired, exhausted, they want peace, they want the war to end whether they win or lose! But because you’re so against Trump & anything he does or says you’re disregarding & disrespecting the people who are actually on the front lines, dying, to save their country because they don’t want to do it anymore! Zelenskyy is blatantly ignoring them by continuing this war and NOT going for peace! “You would rather stand with a suffering, dictatorship-like country than with your own people who are broke and starving because it’s what Trump doesn’t want! So when you say you stand with Zelenskyy you’re standing with a man who does not stand in the same morals that you scream at everyone else for not having.” This is definitely worth the listen!!🔥

This woman nails it👏! Liberals, you say you “stand with Ukraine” but do you even realize Ukraine doesn’t stand with your ideologies?? For one thing, gay marriage is illegal. Men are literally kidnapped off the streets, screaming for their lives, because they don’t want to fight the war! They have no say, no bodily autonomy to make that choice for themselves. Wouldn’t kidnapping a person to fight in a war they don’t want to fight, because they want peace, be dictatorship? Lack of bodily autonomy? Lack of choice? Everything you claim to be against? Are you aware that the soldiers in Ukraine are saying in interviews they don’t want to fight anymore? They’re tired, exhausted, they want peace, they want the war to end whether they win or lose! But because you’re so against Trump & anything he does or says you’re disregarding & disrespecting the people who are actually on the front lines, dying, to save their country because they don’t want to do it anymore! Zelenskyy is blatantly ignoring them by continuing this war and NOT going for peace! “You would rather stand with a suffering, dictatorship-like country than with your own people who are broke and starving because it’s what Trump doesn’t want! So when you say you stand with Zelenskyy you’re standing with a man who does not stand in the same morals that you scream at everyone else for not having.” This is definitely worth the listen!!🔥

Sequencer

98,993 Aufrufe • vor 1 Jahr

Zara Larsson answers what was the key to getting out of the Khia Asylum. “I’ve always known I’m a cool girl. I think my taste is good or fun, it’s my taste. I like what I do. I just need to express it to the world so they can understand. And now I feel like I have, and people connect with it because I’m just being true to myself. But I kind of feel like I don’t like when people say that they’re a flop. I don’t say that, you know what I mean? Don’t manifest it. No, because it doesn’t matter, what even is that, you know?

Zara Larsson answers what was the key to getting out of the Khia Asylum. “I’ve always known I’m a cool girl. I think my taste is good or fun, it’s my taste. I like what I do. I just need to express it to the world so they can understand. And now I feel like I have, and people connect with it because I’m just being true to myself. But I kind of feel like I don’t like when people say that they’re a flop. I don’t say that, you know what I mean? Don’t manifest it. No, because it doesn’t matter, what even is that, you know?

Updates Zara Larsson

29,019 Aufrufe • vor 4 Monaten

a16z co-founder Ben Horowitz: “Don’t follow your passion” Ben gives this advice to the Columbia University class of 2015: “Don’t follow your passion. Now I know you’re probably thinking: ‘That’s a really dumb idea because if you poll 1,000 people who are successful, they’ll all say they love what they do. And so the broad conclusion of the world is that if you do what you love, then you’ll be successful.’ But we’re engineers, so we know that might be true. It also might be the case that if you’re successful, you love what you do — you just love being successful, everybody loves you, it’s awesome. So which one is it?” He continues: “The first tricky thing about passions is they’re hard to prioritize. Are you more passionate about math or engineering? Are you more passionate about history or literature? Are you more passionate about video games or K-pop? These are tough decisions. How do you even know? On the other hand, what are you good at? Are you better at math or writing? That’s a much easier thing to figure out. The second thing that’s tricky if you’re going forward in time with this ‘follow your passion’ idea is that what you’re passionate about at 21 is not necessarily what you’re going to be passionate about at 40. Now this is true for boyfriends, as well as career choices. The third issue with following your passion is that you’re not necessarily good at your passion. Has anybody ever watched American Idol? So you know what I’m talking about. Just because you love singing doesn’t mean you should be a professional singer. And then finally, and most importantly, following your passion is a very ‘me-centered’ view of the world. And when you go through life, what you’ll find is that what you take out of the world — money, cars, stuff, accolades — is much less important than what you put into the world. And so my recommendation would be to follow your contribution. Find the thing that you’re great at, put that into the world, contribute to others, help the world be better. That is the thing to follow.” Video source: a16z (2015)

a16z co-founder Ben Horowitz: “Don’t follow your passion” Ben gives this advice to the Columbia University class of 2015: “Don’t follow your passion. Now I know you’re probably thinking: ‘That’s a really dumb idea because if you poll 1,000 people who are successful, they’ll all say they love what they do. And so the broad conclusion of the world is that if you do what you love, then you’ll be successful.’ But we’re engineers, so we know that might be true. It also might be the case that if you’re successful, you love what you do — you just love being successful, everybody loves you, it’s awesome. So which one is it?” He continues: “The first tricky thing about passions is they’re hard to prioritize. Are you more passionate about math or engineering? Are you more passionate about history or literature? Are you more passionate about video games or K-pop? These are tough decisions. How do you even know? On the other hand, what are you good at? Are you better at math or writing? That’s a much easier thing to figure out. The second thing that’s tricky if you’re going forward in time with this ‘follow your passion’ idea is that what you’re passionate about at 21 is not necessarily what you’re going to be passionate about at 40. Now this is true for boyfriends, as well as career choices. The third issue with following your passion is that you’re not necessarily good at your passion. Has anybody ever watched American Idol? So you know what I’m talking about. Just because you love singing doesn’t mean you should be a professional singer. And then finally, and most importantly, following your passion is a very ‘me-centered’ view of the world. And when you go through life, what you’ll find is that what you take out of the world — money, cars, stuff, accolades — is much less important than what you put into the world. And so my recommendation would be to follow your contribution. Find the thing that you’re great at, put that into the world, contribute to others, help the world be better. That is the thing to follow.” Video source: a16z (2015)

Startup Archive

358,054 Aufrufe • vor 8 Monaten

Allen Iverson on the GOAT debate between Michael Jordan and LeBron James: “The way I look at it, is Michael is always going to be the GOAT to me, you know what I mean? And LeBron to me, I feel like if you go in the dictionary and you look up basketball player, you’ll see LeBron James, you know what I mean? And you know the whole GOAT thing to me I think a lot of times it gets out of hand because I think a lot of times people will take away from one player what they did you know what I mean? To boost up the other player. You know what I mean? That’s not what you do. I feel like a lot of times you know people get caught up in the whole GOAT thing but your GOAT is your GOAT. You have your opinion to name anyone your GOAT if you want to. You know what I mean? You’re not wrong by saying anyone’s your GOAT. I had my fans say I’m the GOAT all the time. I don’t agree with them because I think it’s Mike.” (Via Stephen A Smith)

Allen Iverson on the GOAT debate between Michael Jordan and LeBron James: “The way I look at it, is Michael is always going to be the GOAT to me, you know what I mean? And LeBron to me, I feel like if you go in the dictionary and you look up basketball player, you’ll see LeBron James, you know what I mean? And you know the whole GOAT thing to me I think a lot of times it gets out of hand because I think a lot of times people will take away from one player what they did you know what I mean? To boost up the other player. You know what I mean? That’s not what you do. I feel like a lot of times you know people get caught up in the whole GOAT thing but your GOAT is your GOAT. You have your opinion to name anyone your GOAT if you want to. You know what I mean? You’re not wrong by saying anyone’s your GOAT. I had my fans say I’m the GOAT all the time. I don’t agree with them because I think it’s Mike.” (Via Stephen A Smith)

NBA Courtside

547,040 Aufrufe • vor 3 Tagen

Mel Robbins crushed the biggest self-help myth in 54 seconds: You CAN’T choose how you feel — but you CAN choose what you do about it. “Feelings aren’t a choice. Your behavior and your thoughts are always a choice.” She’s brutally clear: You don’t control the wave of emotion crashing over you — exhaustion, anger, fear, laziness — but you decide whether you ride it, fight it, or let it sink you. Even when you’re drained, annoyed, or unmotivated, you can still: - Drag yourself to the gym - Speak lovingly to your spouse - Push through the hard work that matters That gap between what you feel and what you do? That’s where real character is forged. Stop waiting to “feel like it.” Start acting like the person you want to become — feelings be damned. What’s one thing you’re going to do today… even though you don’t feel like it?

Mel Robbins crushed the biggest self-help myth in 54 seconds: You CAN’T choose how you feel — but you CAN choose what you do about it. “Feelings aren’t a choice. Your behavior and your thoughts are always a choice.” She’s brutally clear: You don’t control the wave of emotion crashing over you — exhaustion, anger, fear, laziness — but you decide whether you ride it, fight it, or let it sink you. Even when you’re drained, annoyed, or unmotivated, you can still: - Drag yourself to the gym - Speak lovingly to your spouse - Push through the hard work that matters That gap between what you feel and what you do? That’s where real character is forged. Stop waiting to “feel like it.” Start acting like the person you want to become — feelings be damned. What’s one thing you’re going to do today… even though you don’t feel like it?

Camus

42,638 Aufrufe • vor 4 Monaten

Don’t let the “Get to do” crowd make you think that doing things you have to or need to isn’t where you’re supposed to be. We don’t have all have glamorous jobs or our dream jobs. Normally those are the jobs that people say they “Get to” do. Nothing is wrong with grinding to the bone until you’re you’re own boss or working from the bottom aiming for the time. Shoot, sometimes it’s about making sure everyone in your house is fed, cared for and clothed. Doing what has to be done is a necessity. It doesn’t make you a failure. It makes you a survivor. Let’s go to work.

Don’t let the “Get to do” crowd make you think that doing things you have to or need to isn’t where you’re supposed to be. We don’t have all have glamorous jobs or our dream jobs. Normally those are the jobs that people say they “Get to” do. Nothing is wrong with grinding to the bone until you’re you’re own boss or working from the bottom aiming for the time. Shoot, sometimes it’s about making sure everyone in your house is fed, cared for and clothed. Doing what has to be done is a necessity. It doesn’t make you a failure. It makes you a survivor. Let’s go to work.

Ryan Clark

158,634 Aufrufe • vor 2 Jahren

#CoachingMoment Coach em up!!! When you know what a kid is capable of and demand it from them they respond accordingly. Respect from a coach not earned it’s demanded. You either buy in to the culture or you ride the pine.

#CoachingMoment Coach em up!!! When you know what a kid is capable of and demand it from them they respond accordingly. Respect from a coach not earned it’s demanded. You either buy in to the culture or you ride the pine.

Down South

11,792 Aufrufe • vor 5 Monaten

I can’t believe a person you would put your trust into, marry them, have kids with them and they can do this to you! And then have the nerve to get mad when we choose the bear. It’s really sicko and weird. Would you want this to happen to your daughter or sister or mother? I’m at a lost for words. For the men who say they are our allies, you have a lot of work to do. Men who get offended by this it’s because you know what men are actually capable of. Either you are them or so ashamed you don’t want to admit it. But it doesn’t stop it from happening. Damn damn damn. 🤦🏾‍♀️🤦🏾‍♀️🤦🏾‍♀️🤦🏾‍♀️ I just wish we had the same strength as men cause this would be a different story. And for the ones who think “not all men” you are a very big part of the problem. You definitely know a man who is. Talk to the women in your life they will tell you or like he said they may not cause they just don’t trust you enough to do so. 🤦🏾‍♀️🤦🏾‍♀️🤦🏾‍♀️🤦🏾‍♀️🤦🏾‍♀️🤦🏾‍♀️

I can’t believe a person you would put your trust into, marry them, have kids with them and they can do this to you! And then have the nerve to get mad when we choose the bear. It’s really sicko and weird. Would you want this to happen to your daughter or sister or mother? I’m at a lost for words. For the men who say they are our allies, you have a lot of work to do. Men who get offended by this it’s because you know what men are actually capable of. Either you are them or so ashamed you don’t want to admit it. But it doesn’t stop it from happening. Damn damn damn. 🤦🏾‍♀️🤦🏾‍♀️🤦🏾‍♀️🤦🏾‍♀️ I just wish we had the same strength as men cause this would be a different story. And for the ones who think “not all men” you are a very big part of the problem. You definitely know a man who is. Talk to the women in your life they will tell you or like he said they may not cause they just don’t trust you enough to do so. 🤦🏾‍♀️🤦🏾‍♀️🤦🏾‍♀️🤦🏾‍♀️🤦🏾‍♀️🤦🏾‍♀️

Leslie Jones 🦋

261,943 Aufrufe • vor 1 Jahr

I don’t know who needs to hear this, but any of you still supporting MAGA after everything you’ve seen—you’re either incompetent or you’re an 1srael supporting traitor. This is a Christian nation. All of you who call yourselves “Christians”… it’s time to act like it. And as for the rest of you… White, black, pagan, Muslim, republican, libertarian, democrat… and anyone else who doesn’t want to be sacrificed like the cattle they TOLD you they believe you are—you better wake up too! Stop with the infighting and distractions. They want us all enslaved or dead! The hour grows late. 🫡✝️🇺🇸 *for educational purposes only

I don’t know who needs to hear this, but any of you still supporting MAGA after everything you’ve seen—you’re either incompetent or you’re an 1srael supporting traitor. This is a Christian nation. All of you who call yourselves “Christians”… it’s time to act like it. And as for the rest of you… White, black, pagan, Muslim, republican, libertarian, democrat… and anyone else who doesn’t want to be sacrificed like the cattle they TOLD you they believe you are—you better wake up too! Stop with the infighting and distractions. They want us all enslaved or dead! The hour grows late. 🫡✝️🇺🇸 *for educational purposes only

GeneralPatton’sGhost

20,673 Aufrufe • vor 5 Monaten

MacG has a history of losing a job at the SABC because someone “Does not believe in what he stands for,” not that he was incompetent on what they hired him to do.😂 It’s either you fully report to the SABC, or the govt. of the day gives you handouts—INDEPENDENCE IS CRIME.💔💔

MacG has a history of losing a job at the SABC because someone “Does not believe in what he stands for,” not that he was incompetent on what they hired him to do.😂 It’s either you fully report to the SABC, or the govt. of the day gives you handouts—INDEPENDENCE IS CRIME.💔💔

YaseBlock B 🇸🇿

95,256 Aufrufe • vor 1 Jahr

Even people who know and love E+R=O don’t always use it correctly: “The first thing to evaluate is not the event you have, but the outcome you want. Do not be defined by your circumstances. Be defined by your pursuit. Second, after you’ve identified the outcome you want, is then to ask, ‘Ok, what circumstances do I have?’ Because you need to work from where you are and see it with clear eyes. Clarifying the event you’re dealing with is ‘realism’. Clarifying the outcome you want is ‘optimism’. And finally, given the outcome you want and the event you have, what response do you need in order to create that outcome given the circumstances that you’re in? It’s the nature of life.”

Even people who know and love E+R=O don’t always use it correctly: “The first thing to evaluate is not the event you have, but the outcome you want. Do not be defined by your circumstances. Be defined by your pursuit. Second, after you’ve identified the outcome you want, is then to ask, ‘Ok, what circumstances do I have?’ Because you need to work from where you are and see it with clear eyes. Clarifying the event you’re dealing with is ‘realism’. Clarifying the outcome you want is ‘optimism’. And finally, given the outcome you want and the event you have, what response do you need in order to create that outcome given the circumstances that you’re in? It’s the nature of life.”

Brian Kight

68,525 Aufrufe • vor 2 Jahren

NVDIA CEO Jensen Huang: Your startup doesn't need a business plan “I didn’t know how to write a business plan… Making a financial forecast that nobody knows is going to be right or wrong turns out to not be that important.” Jensen continues: “I think that the art of writing a business plan ought to be much, much shorter. It should force you to concisely answer: What is the problem you’re trying to solve? What is the unmet need you believe will emerge? And what is it that you’re going to do that is sufficiently hard that when everybody else finds out it’s a good idea, they’re not going to swarm it and make you obsolete? It has to be sufficiently hard to do.” Marc Andreessen echoes similar points in a separate interview: “The process of planning is very valuable for forcing you to think hard about what you’re doing, but the actual plan that results from it is probably useless. In particular, now that we’re VCs, we’re evaluating pitches and when people come in, we want to hear their plan and we want to hear it in some detail because we want to see that they can think about the entire thing end-to-end. And if their initial plan doesn’t make sense, then obviously there’s an issue because they’re not quite capable of fully thinking this through. But when you get somebody who comes in and they present you the perfect plan and everything is fully integrated and makes sense, all you know from that is that they can come up with a good plan—which is good! But the odds that will be the plan they succeed on is still very small.” Video source: Acquired Podcast (2023)

NVDIA CEO Jensen Huang: Your startup doesn't need a business plan “I didn’t know how to write a business plan… Making a financial forecast that nobody knows is going to be right or wrong turns out to not be that important.” Jensen continues: “I think that the art of writing a business plan ought to be much, much shorter. It should force you to concisely answer: What is the problem you’re trying to solve? What is the unmet need you believe will emerge? And what is it that you’re going to do that is sufficiently hard that when everybody else finds out it’s a good idea, they’re not going to swarm it and make you obsolete? It has to be sufficiently hard to do.” Marc Andreessen echoes similar points in a separate interview: “The process of planning is very valuable for forcing you to think hard about what you’re doing, but the actual plan that results from it is probably useless. In particular, now that we’re VCs, we’re evaluating pitches and when people come in, we want to hear their plan and we want to hear it in some detail because we want to see that they can think about the entire thing end-to-end. And if their initial plan doesn’t make sense, then obviously there’s an issue because they’re not quite capable of fully thinking this through. But when you get somebody who comes in and they present you the perfect plan and everything is fully integrated and makes sense, all you know from that is that they can come up with a good plan—which is good! But the odds that will be the plan they succeed on is still very small.” Video source: Acquired Podcast (2023)

Startup Archive

34,028 Aufrufe • vor 6 Monaten

This echoes the sentiment of the majority of #CowboysNation and is a candidate for quote of the last quarter century from Zach Wolchuk “It’s disgraceful. And he’s [Jerry Jones] still going to make his money because schmucks like me that don’t love the #Cowboys because of the Joneses, you love the Cowboys because you grew up going to games with your family members and you fall in love with the sport. And I love the #DallasCowboys because of the Dallas Cowboys. Not because of the names on the back of the jerseys or who owns the team, but it’s because of the team. But unfortunately now it’s just depression. That’s what it is being a Cowboys fan. It’s utter depression and anger and where the hell do I go from here… It’s disgraceful, it’s a slap in the face to your fans. It’s like you’re doing a bit. Do you give a damn? The answer is no, you don’t right now. You don’t care about winning a championship. And all you care are about is printing money” - Zach Wolchuk

This echoes the sentiment of the majority of #CowboysNation and is a candidate for quote of the last quarter century from Zach Wolchuk “It’s disgraceful. And he’s [Jerry Jones] still going to make his money because schmucks like me that don’t love the #Cowboys because of the Joneses, you love the Cowboys because you grew up going to games with your family members and you fall in love with the sport. And I love the #DallasCowboys because of the Dallas Cowboys. Not because of the names on the back of the jerseys or who owns the team, but it’s because of the team. But unfortunately now it’s just depression. That’s what it is being a Cowboys fan. It’s utter depression and anger and where the hell do I go from here… It’s disgraceful, it’s a slap in the face to your fans. It’s like you’re doing a bit. Do you give a damn? The answer is no, you don’t right now. You don’t care about winning a championship. And all you care are about is printing money” - Zach Wolchuk

Dominic White

65,242 Aufrufe • vor 1 Jahr