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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...

28,252 просмотров • 6 месяцев назад •via X (Twitter)

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Ben Horowitz (a16z co-founder) offers a contrarian view: the decisions that matter most are the ones you're only 52% sure about: "It takes courage to do what you don't know is the right decision." The moments that define leadership are the ones where the answer isn't obvious and the people around you are actively against you. "You think it's the right decision and then many people think it's the wrong decision. So they're not going to like you when you make the decision." That, Ben argues, is precisely where a leader earns their keep: "That's the point at which leaders add value. Because if you just do what people want, you're not actually adding anything. You know, they could run the company without you." A leader who only ratifies consensus is redundant. The organisation could function without them. benahorowitz.eth concedes this is harder than it sounds. "Courage is a tricky thing." He reaches for a line from boxing to explain what courage actually is. His favourite quote on the subject comes from Cus D'Amato, the trainer behind Floyd Patterson and Mike Tyson: "The difference between a hero and a coward isn't what they feel. They're both scared. It's what they do." Fear isn't the variable. Action is. And the fear doesn't go away once you're the one deciding: "You're not going to feel confident in making a decision that you think is 52% right and everybody else thinks is wrong. But that's what you have to do to be good at this job." Fifty-two per cent is a coin flip with a thumb on the scale, and that's the actual texture of the decisions that matter. Which leaves the question of how you survive being disliked. Ben's answer is a reframe of the timeline: "The thing you have to keep in mind is you want to be liked and respected in the long run, not the short run."

Big Brain Business

31,728 просмотров • 10 дней назад

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 просмотров • 1 год назад

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

358,112 просмотров • 8 месяцев назад

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 просмотров • 6 месяцев назад