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Ben Horowitz Discusses Culture and Success

Masters in Business

00:00

The Transition From Entrepreneur to Venture Capitalist

Venture capital was kind of oriented around you had this inventor and you would give them money. Then when the company if the invention worked and people liked it then you would bring in a professional CEO to build the company. We knew that professional CEOs could not be taught to innovate so like you could teach an innovator to be a CEO but not necessarily a CEO to be an innovator. So we thought wow what if there was a venture capital firm that actually helped a founder become a CEO? The CAA power network which gave you a network like a professional CEOs network and then like the know how like what is that job how do you do it help them get scaled up.

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