Groupon looked like a very high valuation, but any investment in a great company at any stage is almost always a good investment.
Ben HorowitzUntil you make the effort to get to know someone or something, you donโt know anything.
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 HorowitzYou can take somebody's job, you have to take their job, but you don't have to take their dignity.
Ben HorowitzIn life, everybody faces choices between doing what's popular, easy, and wrong vs. doing what's lonely, difficult, and right. These decisions intensify when you run a company, because the consequences get magnified 1,000 fold. As in life, the excuses for CEOs making the wrong choice are always plentiful.
Ben Horowitz