Groupon looked like a very high valuation, but any investment in a great company at any stage is almost always a good investment.
Ben HorowitzNothing motivates a great employee more than a mission that's so important that it supersedes everyone's personal ambition.
Ben HorowitzYou can take somebody's job, you have to take their job, but you don't have to take their dignity.
Ben HorowitzThe person they're working with, is going to be the person they'll know more. So if that person leaves, they're going to go - well, should have I left too? What did they get and how does that compare to my deal.
Ben HorowitzIn 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.
Ben Horowitz