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Ben Horowitz’s High-Stakes Leadership Playbook

The hardest part of being a CEO isn't designing the perfect organization or setting flawless objectives; it’s the psychological struggle. It's the feeling you get when you’re staring into the abyss, forced to choose between two horrible options.
This is the world of Ben Horowitz, co-founder of Andreessen Horowitz (A16Z), a venture capital firm with over $46 billion in committed capital, and the author of The Hard Thing About Hard Things. He has backed market-defining companies from Facebook and Stripe to Airbnb, OpenAI, and Databricks.
Before launching A16Z, Horowitz co-founded Loudcloud, famously taking it public with just $2 million in revenue, an event often called “the IPO from hell”, and later sold it for $1.6 billion. Through near-death startup battles and years of coaching hundreds of CEOs, he forged a management philosophy that defies conventional wisdom, offering hard-earned insights on leadership, scaling, and building enduring companies.
In a recent podcast with Lenny Rachistky , Horowitz distilled the essential mental frameworks required to navigate the pain of leadership, build world-class teams, and understand the current AI landscape.
This isn’t a guide to management techniques, it’s Ben Horowitz’s High-Stakes Leadership Playbook, a map for the psychological gauntlet every leader must run.
In this post, Ben shares:
Why “founder mode” is both half right and half dangerously wrong
The story behind Good Product Manager/Bad Product Manager—and how it went viral despite being written in anger
Where the biggest AI startup opportunities still remain
Why leaders need to run toward fear, never away
The one trait that predicts when a founder will fail as CEO
Inside Paid in Full—his nonprofit that provides pensions to pioneering hip-hop artists
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