Business

Primer for Hiring Execs

Andreessen Horowitz prefers funding companies whose CEO is a co-founder. We also prefer founders who are technical. Put the two together, and you often have a CEO who has to hire executives into roles (e.g., marketing, sales, customer support, finance) she has never done before. How in the world do you interview and recruit someone…

Good Ambition, Bad Ambition

Ben’s last post on minimizing corporate politics generated a bunch of interesting comments. One set of commenters essentially asked, “gee, why should an employee be motivated first by a company’s success rather than by their own success”? Frankly, this surprised both of us. So I suggested that Ben answer this line of questioning directly, which he…

Fighting Fire With Fire

As companies grow, they often get more political—by which I mean, people start advancing their own agendas by means other than merit or contribution. Ben explains in his latest blog post what a CEO can do to minimize corporate politics. It’s not intuitive. For example, Ben points out that CEOs need to give career guidance…

Growing Pains

These days, entrepreneurs spend a lot of time thinking about scaling their products. No one wants to build the next Facebook only to watch their technical infrastructure crumble when user growth takes off. Entrepreneurs rarely think as much or as deeply or as rigorously about how to scale their companies. Best practices for scaling human…

Telling It Like It Is

As the ranking officer, the CEO has a huge impact on their company’s culture. This is especially true in startups where the whole company is watching the CEO’s every move, every interaction, every decision. As a result of this micro-scrutiny, CEOs can feel like they need to be the company’s Chief Morale Officer, continuously and relentlessly accentuating…

Why Do We Prefer Founders as CEOs?

When I introduced our venture firm on this blog in July, I wrote extensively about the types of entrepreneurs and companies we want to fund: technical founders, brilliant and motivated entrepreneurs, product-focused companies, and so on. I got widespread head...

Big Company Execs in Startups

My good friend Steve Blank does a great job of describing the metamorphosis a scalable startup needs to undergo to become a big company. During that metamorphosis, many startups hire executives from big companies to help scale the business. Some...

Angels vs. Venture Capitalists

[This blog post is by Ben Horowitz, the Horowitz of Andreessen Horowitz.] At our new venture fund, we’ve been spending time looking into new ways that will make the lives of entrepreneurs seeking funding easier. To that end, we've linked...

In praise of dual-class stock structures for public companies

A dual-class stock structure means that a company has two different classes of common stock. Each class of stock has the same economic ownership of the company, yet different voting rights. In a typical scenario, Class A shares have a...

Examining Microsoft's and Yahoo's unspoken concerns

In this post, I discuss what I believe are some unspoken concerns that weigh on the decisions both Microsoft and Yahoo are making during this very exciting takeover battle. Quick status update, largely derived from the excellent Wall Street Journal...

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