Collection
  • Collection
  • From a16z.com
Reading List for Leaders in Uncertain Times

Editor’s note: Here are some of our best pieces on leadership, grit, and managing a startup in times of uncertainty, culled from our past (almost) decade of archives.

“To CEO or not to CEO?” a16z General Partner Martin Casado shares his journey founding Nicira Networks, title fetishism, and the tensions and nuances around “founder-led companies.”

Balancing cash reserves vs. growth, advance planning vs. constantly changing strategy, revenue vs. margin, coordination/communication/culture, and so on is a lot harder than it seems on a finance spreadsheet. And this is why a tight, productive partnership between CEO and CFO is so important.

Dapper Dan is known for having pioneered high-end streetwear in the 1980s, but his story as a founder, gambler, and lifelong learner–hustler–who keeps reinventing himself through hard times has lessons for other makers and leaders.

Many smart businesses know that they could get disrupted, and yet it happens anyways–why? Clay Christensen, the author of The Innovator’s Dilemma, Harvard Business School Professor and the pioneer behind disruption theory, and a16z co-founder Marc Andreessen discuss the theories and frameworks that can help companies survive, in this conversation led by longtime tech writer and editor Steven Levy.

The hardest thing about the proverbial “pivot” isn’t just the actual pivot. It’s the courage to make the decision … and being honest with yourself as a CEO. In this conversation with a16z’s editor in chief Sonal Chokshi, Ben and Jason Rosenthal, the former CEO of Lytro (acquired by Google) discuss pivots and their wide-ranging impact on every aspect of a startup.

One day, the business is growing. The next day, it’s not. What do you do now? a16z General Partner Jeff Jordan argues that, once growth slows or stops, it won’t just come back magically, and he shares a process for creating the right plan to fix it.

When faced with an existential crisis, when sales and engineering may not be enough, what do you do? What are your options? a16z General Partner talks about the role of strategic business development and how it can lead to transformational opportunities for your company.

Every organization (and indeed, every individual) makes decisions every day under conditions of uncertainty. Annie Duke, the author of Thinking in Bets and a world-class professional poker player, talks with Marc and Sonal about thinking systematically about that uncertainty and how to use it to make better decisions.

While many founders have heard that “cash is king” from investors, the reason they should believe it is not because investors tell them so. It’s because cash is freedom.

Ben argues that, while the CEO and CFO have necessarily different perspectives on the business, each needs to work hard to understand the other’s and use that to build trust for when it’s time for difficult decisions.

What do the numbers — both in financial statements and KPIs — tell you? And what do they not? This episode covers the most common mistakes people make when it comes to understanding their numbers; how investors look at a company’s P&L; what metrics investors use to determine if a business is healthy; and how founders can use the numbers to navigate in times of crisis.

When a16z General Partner David Ulevitch founded OpenDNS, little did he know the rollercoaster he had just boarded. From CEO to CTO back to CEO, from consumer to enterprise, from being acquired (by Cisco in 2015) to being the acquirer, David shares his journey and advice for founders–not least of which relates to how you manage your own psychology, and learn how to trust your leadership, in times of change.