A Quote by Sam Altman
The thing that kills startups at some level, is the founders giving up.
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Founding a company is hard. Most of it isn't smooth. You'll have to make very hard decisions. You have to fire a few people. Therefore, if you don't believe in your mission, giving up is easy. The majority of founders give up. But the best founders don't give up.
Startups are often best at solving the personal problems of their founders. The more diverse the founders, the more types of problems can be solved - and the more people who will be positively impacted by technology.
Man's destructive hand spares nothing that lives; he kills to feed himself, he kills to clothe himself, he kills to adorn himself, he kills to attack, he kills to defend himself, he kills to instruct himself, he kills to amuse himself, he kills for the sake of killing.
Early-stage startups are all about the founders and team.
Yet each man kills the thing he loves, By each let this be heard, Some do it with a bitter look, Some with a flattering word, The coward does it with a kiss, The brave man with a sword! Some kill their love when they are young, And some when they are old; Some strangle with the hands of Lust, Some with the hands of Gold: The kindest use a knife, because The dead so soon grow cold. Some love too little, some too long, Some sell, and others buy; Some do the deed with many tears, And some without a sigh: For each man kills the thing he loves, Yet each man does not die.
Seed stage is an investment area that is really important for early stage startups. It feels like there is a need for trusted, experienced people to work with and to guide startups at this level.
There are no limits. If it kills you, it kills you. A man must constantly exceed his level.
Giving up is what kills people.
Minority founders often feel like they are on the outside looking in when it comes to Silicon Valley and tech startups in general.
Every thing at a startup gets modeled after the founders. Whatever the founders do becomes the culture.
The reason why we decided to put the focus on minority and women-funded startups is because this demographic of companies and founders is just underrepresented, they're under-invested in.
Using clouds is a radical way of consuming IT. There are emotional barriers to giving up some level of control over the servers that you are running [for the companies].
At Andreessen Horowitz, we talk about the notion of being 'too hungry to eat.' That's to say, we often see startups that are so entrenched in the product that the founders forget they need muscle to grow.
Now I'm in a position where I can invest in startups and take up challenges. Some things do well and some don't, but I think my track record has been interesting.
I'm not going to put my music up on some little corner of the Internet or give it away for free. What does that do? That's just giving up. I'm not giving up, ever.
For a lot of people, one of the reasons they don't like to work for founders of startups is that they can be sensitive and protective around what they've built. You have an emotional attachment to the early marketing and technology materials, and you don't want to hear that anything's wrong with them.
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