From his book, I knew Ben liked rap and hip hop but I never knew he was so knowledgable of black history Kudos +1 That Toussaint Louverture analogy was spot on in the context of the lecture. I'm Jamaican so it was great to hear a story about the Caribbean I could relate to. What also stood out for me is that he was no ordinary slave, he was an educated slave, something that should be the goal of every startup founder. These courses are a goldmine of educational resources from the world's best! The supporting reading materials are also great.
Enjoyed the talk. One note, at 36:00 a slide's bullet point says "total defeat of Napoleon." Historically I understand that Toussaint eventually surrenders to the French and dies in a cold french mountain prison. Still a brilliant man with great achievements, but the chaos of Haiti can be traced back to the way he wrote their laws, installing himself as their permanent military dictator. Fascinating story and insights though.
+Ben Weeks He also never actually faced Napoleon so there could be no “total defeat” of Napoleon. The only people to do that were the Russians in 1814 and later Wellington with the help of Blucher at Waterloo. His statement is grossly inaccurate.
Ben Weeks not entirely. The chaos can also be tied to Thomas Jefferson’s and other european countries economic reaction to frances defeat. The forced extraction of reparations along with embargoes.
There are many management rules … too many. This one is the most important, and one of the most difficult to consider on an on-going basis. Critical management decisions should be made with all impacted perspectives in mind. In a start-up, these perspectives include the person making the decision, the person(s) directly impacted by the decision, the other people in the company, the company culture, and potentially the external world. The impact of your decisions on all of these disparate groups should be considered: Demote or fire someone who is not performing, excellent employee asks for a raise, Sam’s blog post, history’s Greatest Practitioner:
It would be interesting to hear more discussions about compensation, options indifference pricing, non-linear equity pay-offs etc. Incentivizing people to stay by making things opaque is evil. Explicit pricing of contracts must be discussed.
Amazing talk Ben. Thank you for your insights. Would rather hear a more complicated persona which was more efficient in management like e.g. Great Alexander.
I would take the whipping with salt, citrus and peppers just to have this guy as an advisor. Wounds heal but the trauma from bad decisions stays with you forever.
In the scenario an employee will receive $10m in shares for $2m as mentioned plus a tax charge, is there a lending product that people can get? Surely a bank, mez lender would lend 2m plus tax for 10m in equity security? Perhaps not.. I’d guess there are funds out there that would provide the cash for a piece of the equity or a share of upside?
The example of Toussaint is historically incorrect. Toussaint was at the time of the revolution a free man and a slave owner himself. The lesson in itself is, like, interesting.
Nonetheless he harnessed the uprising in a direction informed by the insights gained from his study of Roman history, ethics and tactics. Captured generals and their units were not dealt with according to revenge culture. Instead they agreed to integrate into Toussaint's army. His diplomatic ability also resolved the challenge of managing the plantations after freedom was achieved. The grace he extended had pragmatic benefits.
I like find like it like hard like to kind listen kind to kind it like since like I like noticed like how like many like times kind of he says kind of a certain like word.
***** So like all you got from like this lecture is like him like saying like a lot? Like that is stupid, yo. Like, I learned a lot, like etc, and etc. Also like, like.
No, he did not defeat Napoleon. Napoleon never went to Haiti. Napoleon never directly waged a campaign on Haitian soil like he did in Europe. How can someone “defeat” a person who never actually confronted them on the field of battle? The answer is that you can’t. That statement needs to be amended because it isn’t true. The Haitians defeated the French, not Napoleon. They never had to deal with Napoleon.
![Ben Horowitz: Nailing the Hard Things [Entire Talk]](http://i.ytimg.com/vi/F2e3RqL4VWs/mqdefault.jpg)
From his book, I knew Ben liked rap and hip hop but I never knew he was so knowledgable of black history Kudos +1 That Toussaint Louverture analogy was spot on in the context of the lecture. I'm Jamaican so it was great to hear a story about the Caribbean I could relate to. What also stood out for me is that he was no ordinary slave, he was an educated slave, something that should be the goal of every startup founder. These courses are a goldmine of educational resources from the world's best! The supporting reading materials are also great.
I know it's kind of randomly asking but do anybody know a good site to watch new series online?
@Aaron Dominic I would suggest flixzone. Just search on google for it =)
@@aarondominic697 Are there some new series? I tried to google those but couldn't find them. Could you share please? Thanks a lot!
@@brysontoby3706 Couldn't find them. Could you share please? Really wanna watch those new series.
this presentation should be a ted talk for general public!
Wonderful lecture , best takeaway is always Treat everyone with respect and you will be respected for sure , whether its a company or a war
Enjoyed the talk. One note, at 36:00 a slide's bullet point says "total defeat of Napoleon."
Historically I understand that Toussaint eventually surrenders to the French and dies in a
cold french mountain prison. Still a brilliant man with great achievements, but
the chaos of Haiti can be traced back to the way he wrote their laws, installing himself
as their permanent military dictator.
Fascinating story and insights though.
+Ben Weeks He also never actually faced Napoleon so there could be no “total defeat” of Napoleon.
The only people to do that were the Russians in 1814 and later Wellington with the help of Blucher at Waterloo.
His statement is grossly inaccurate.
Ben Weeks not entirely. The chaos can also be tied to Thomas Jefferson’s and other european countries economic reaction to frances defeat. The forced extraction of reparations along with embargoes.
There are many management rules … too many. This one is the most important, and one of the most difficult to consider on an on-going basis. Critical management decisions should be made with all impacted perspectives in mind.
In a start-up, these perspectives include the person making the decision, the person(s) directly impacted by the decision, the other people in the company, the company culture, and potentially the external world. The impact of your decisions on all of these disparate groups should be considered: Demote or fire someone who is not performing, excellent employee asks for a raise, Sam’s blog post, history’s Greatest Practitioner:
This is the best lecture so far.
Absolutely amazing and respect to the great Toussaint Louverture
Great lecture, and i'll be adding Toussaint's biography to my reading list
great lecture and nice t-shirt - the great Toussaint Louverture.
This was great. Toussaint history lesson really brought thing home
It’s fun to learn about management from Ben Horowitz.
thank you! that was very useful and entertaining at the same time, especially Toussaint story
It would be interesting to hear more discussions about compensation, options indifference pricing, non-linear equity pay-offs etc. Incentivizing people to stay by making things opaque is evil. Explicit pricing of contracts must be discussed.
The stock option thing (APB) explanation sounds wrong. Costs do not increase as stock price go up, dilution goes up.
great lecture and nice t-shirt kanka - the great Toussaint Louverture.
Amazing talk Ben. Thank you for your insights.
Would rather hear a more complicated persona which was more efficient in management like e.g. Great Alexander.
Impressive lecture ... Definitely going to be looking up Toussaint
Ben has a great personality, awesome concepts! He looks like Michael Keaton too haha
Thank you for this. It really helps
24:00 what class is he talking about?
Toussaint is totally a parallel to how Daenerys Tagaryen deals with conquering and dealing with the slave cultures in Game of Thrones!
I was just thinking the same thing. Danaerys could have taken a page or two out of Toussaint's book to make her revolution succeed!
@kyleshummay u joking ,right.
This guy is keat! (Hokkien language, meaning awesome!!)
The Toussaint's book/biography he is reading from is The Black Jacobins
I would take the whipping with salt, citrus and peppers just to have this guy as an advisor. Wounds heal but the trauma from bad decisions stays with you forever.
Is this still the case with most public companies?
In the scenario an employee will receive $10m in shares for $2m as mentioned plus a tax charge, is there a lending product that people can get? Surely a bank, mez lender would lend 2m plus tax for 10m in equity security? Perhaps not.. I’d guess there are funds out there that would provide the cash for a piece of the equity or a share of upside?
great lecture, thanks a lot
His book is "Hard things...." is a recommended read for every entrepreneur.
"see the company through the eyes of the employee". Just saved you an hour.
The incentive to stay is the future payments (more options, more cash). Don't be be so dense.
Excellent. Thank you.
Had a good laugh on the weed quote!
The example of Toussaint is historically incorrect. Toussaint was at the time of the revolution a free man and a slave owner himself. The lesson in itself is, like, interesting.
Could you provide a reference book or material I could read up on relating to that?
Nonetheless he harnessed the uprising in a direction informed by the insights gained from his study of Roman history, ethics and tactics. Captured generals and their units were not dealt with according to revenge culture. Instead they agreed to integrate into Toussaint's army. His diplomatic ability also resolved the challenge of managing the plantations after freedom was achieved. The grace he extended had pragmatic benefits.
29:00 that was disturbing
Do we have a running tally on how many times he says "like"...
Do you have a running tally on how many times people called you as "beautiful"?
48:57 kimchi problem...! 김치...!
First :)
I like find like it like hard like to kind listen kind to kind it like since like I like noticed like how like many like times kind of he says kind of a certain like word.
I opened this lecture in TH-cam specifically to see if anyone commented about his "likes"
***** So like all you got from like this lecture is like him like saying like a lot? Like that is stupid, yo. Like, I learned a lot, like etc, and etc. Also like, like.
No, he did not defeat Napoleon. Napoleon never went to Haiti. Napoleon never directly waged a campaign on Haitian soil like he did in Europe.
How can someone “defeat” a person who never actually confronted them on the field of battle? The answer is that you can’t.
That statement needs to be amended because it isn’t true. The Haitians defeated the French, not Napoleon. They never had to deal with Napoleon.
+wolverineeagle Yes and if you end up in a French jail, your battle-victory starts to look like a war-loss from a personal net value standpoint.
There is no requirement to charge anything for options. Strike can be at zero. Tax implications will vary. This is stupid. Discuss things properly.
If you were to listen to your own lecture, you would probably learn something about your flow and interpretation
?
Funny guy, talks like a stoner!
too bad it was the wrong song lol
One of the worst presentation I have seen. No great content and can not bind the audience to the things presented.