Contingency Quote by Ben Horowitz
““I never built that contingency plan. Through the seemingly impossible Loudcloud series C and IPO processes, I learned one important lesson: Startup CEOs should not play the odds. When you are building a company, you must believe there is an answer and you cannot pay attention to your odds of finding it. You just have to find it. It matters not whether your chances are nine in ten or one in a thousand; your task is the same.””
About This Quote
Source Speech: Podcast interview, 2015
Startup founders must trust that solutions exist and focus on creating them rather than obsess over probabilities.
In simple terms: Believe in solutions, ignore odds.
Act decisively despite uncertainty.
Themes
Mood
Type
When to use this quote
- product development
- fundraising
- team building
- pivot decisions
Key Concepts
Questions to Reflect On
- How do you balance confidence with realistic assessment?
- What signals would you heed before committing resources?
Overconfidence can lead to ignoring real market signals.