“Hard things are hard because there are no easy answers or recipes. They are hard because your emotions are at odds with your logic. They are hard because you don’t know the answer and you cannot ask for help without showing weakness.”
In The Hard Thing About Hard Things: Building a Business When There Are No Easy Answers cofounder of Andreessen Horowitz, Ben Horowitz shares timeliness advice on building and running a startup. Ben tells the story of how his company Opsware went from doomed in the eyes of the world to a $1.6 billion outcome with no recapitalization. He shares war stories including several near bankruptcies, a stock price of $0.35 per share, unlimited bad press, and three separate layoffs where they lost a total of four hundred employees.
Ben describes strategies for laying off employees and executives the right way, communicating effectively, demoting a loyal friend, lessons learned as a founder-ceo, managing the toughest problems and making the tough calls.
Ben shared the insights he’s gained developing, managing, selling, buying, investing in, and supervising technology companies. A lifelong rap fanatic, he amplifies business lessons with lyrics from his favorite songs, telling it straight about everything from firing friends to poaching competitors, cultivating and sustaining a CEO mentality to knowing the right time to cash in.