Cloud shifts create new incumbents
StrategyMajor platform shifts like the move to the cloud allow new players to disrupt established incumbents who cannot react quickly enough.

벤 호로위츠
Co-founder of Andreessen Horowitz; author of The Hard Thing About Hard Things
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Major platform shifts like the move to the cloud allow new players to disrupt established incumbents who cannot react quickly enough.
When a technology shift occurs, a founder must make a binary bet on the new architecture rather than trying to remain compatible with the old world.
Repeat entrepreneurs who have experienced both success and failure are better at identifying true product-market fit.
In venture capital, the magnitude of the wins matters more than the frequency of successes.
Invest based on the premise that falling compute costs allow software to disrupt increasingly traditional and physical industries.
Founders should maintain focus on building value even when stock prices or market sentiment collapse, as long-term execution can lead to a successful exit.
Strong personal and family bonds should be maintained even when individuals hold deeply conflicting ideological or political beliefs.
Pricing models should be designed so that customers feel compelled to use the product as much as possible to justify the fixed costs.
Investors and partners should never undermine a CEO's authority in front of their management team, as it destroys their ability to lead.
When acquiring or competing, a market leader with a complete suite and strong sales motion is often more valuable than a competitor with a better standalone product.
Success in entrepreneurship is found at the intersection of seeing what is happening and having the grit to fight for the strategy.
Former CEOs and operators often make better board members because they provide practical advice on management challenges beyond just financial oversight.
A strong investor brand helps a startup compete in the war for talent by giving the company instant credibility with potential hires.
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