The key to high-quality communication is trust, and its hard to trust somebody that you dont know.
Ben HorowitzI emphasize to C.E.O.s, you have to have a story in the minds of the employees. It's hard to memorize objectives, but it's easy to remember a story.
Ben HorowitzWhen raising money, you want to look through the lens of 'What happens when things go wrong?'
Ben HorowitzThe right thing to do is to thank them for their work, let people know that they're moving on, and ... you don't really have to explain all their personal details. It's more important to leave them with their dignity... and let them go on to live another day. Remember, what you say at that meeting, that's their reputation.
Ben Horowitz