No one should expect building a new high-growth, software-powered company in an established industry to be easy. It's brutally difficult..

Breakthrough ideas look crazy, nuts. It’s hard to think this way — I see it in other people’s body language, and I can feel it in my own, where I som….

Perhaps the single most dramatic example of this phenomenon of software eating a traditional business is the suicide of Borders and corresponding ris….

In 2000, when my partner Ben Horowitz was CEO of the first cloud computing company, Loudcloud, the cost of a customer running a basic Internet applic….

Skype has a great engineering team, which I like to describe as 'all of Estonia.'.

If we're in a bubble, it's the weirdest bubble I've ever seen, where everybody hates everything..

The multipurpose device will always fail..

The difference between a vision and a hallucination is that other people can see the vision..

Out of ten swings at the bat, you get maybe seven strikeouts, two base hits, and if you are lucky, one home run. The base hits and the home runs pay ….

Today's leading real-world retailer, Wal-Mart, uses software to power its logistics and distribution capabilities, which it has used to crush its com….

Around '93, '94, the conventional wisdom about the Internet was that it was a toy for academics and researchers. So it was very, very underestimated ….

I don't think objectively we are in a tech bubble when tech stocks are at a 30 year low..

There's a new generation of entrepreneurs in the Valley who have arrived since 2000, after the dotcom bust. They're completely fearless..

Innovation doesn't come from the big company. It never has and never will. Innovation is something new that looks crazy at first glance. It comes fro….

In the startup world, you're either a genius or an idiot. You're never just an ordinary guy trying to get through the day.

Start-ups should be based on radical ideas. There should be a high failure rate for start-ups, because if there isn't their ideas aren't bold enough..

My goal is not to fail fast. My goal is to succeed over the long run. They are not the same thing..

I've been a customer of the top venture capital firms, so I know exactly what they do and don't do..

A lot of things you want to do as part of daily life can now be done over the Internet..

In short, software is eating the world.

We call it the 'Rule of Crappy People'. Bad managers hire very, very bad employees, because they're threatened by anybody who is anywhere near as goo….