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The Importance of Respecting the Entrepreneurship Process
The why is fundamental in almost any kind of cultural value, says Ben Horowitz. "I want people to ask me why so that I can tell that story over and over and over again because it's so important," he says. In the venture capital industry, a $10-a-minute fine for being late could make an entrepreneur look like an 'asshole' if they didn't pay up. The key was to explain what you were doing on your phone call or when you had to go to the bathroom -- not just how much money would be spent but why.