Ben horowitz

In Silicon Valley, when you're a private company, the entrepreneur can do no wrong.

Most of my job and most of what I do is to mentor people. There are a lot of people I work with that I don't have investments in.

I think there's 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.

Leadership is hard to train on.

It is very helpful to me, in my job, for people to know me better. A lot of that is, it's a communication job.

When you look at a company that's already succeeded or is at the very top of its game, it isn't necessarily when it's executing well. It tends to be peacetime - you've defeated the competition, you...

I think that business book reporting, it's all Jim Collins, it's the story of victory; it's success bias over and over again.

Groupon looked like a very high valuation, but any investment in a great company at any stage is almost always a good investment.

If I have one skill as a manager, I can make things extremely clear.

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.