Discover your dream Career
For Recruiters

Monday’s Headlines: Venture Capitalist Culls Rap Lyrics for Business Lessons

Silicone Valley venture capital investor Ben Horowitz is know as the classic tech geek, except for the fact that the wildly successful entrepreneur whose venture firm Andreessen Horowitz has made successful bets on Groupon and Skype. He urges his blog readers to look to rap lyrics for business insights, according to a New York Times article. Horowitz told the paper that “The hard part [of business] is how you feel. Rap helps me connect emotionally.”

For example, when he had trouble explaining on his blog why his firm preferred founding chief executives over those hired to run companies, he turned to rapper Rakim to explain: “You’re just a rent-a-rapper, your rhymes are minute-maid/I’ll be here when it fade to watch you flip like a renegade.” 

“Because it’s Rakim, and he’s like the greatest rapper of all time, he could fit into two sentences what it took me three pages to explain,” Horowitz said.

He also uses rap lyrics to communicate with business partners.

One of the entrepreneurs that Andreessen Horowitz financed clashed with a disparaging board member. Mr. Horowitz advised the executive that he was being too deferential and needed to show his strength. He said he sent the executive “Scream on Em,” a rap song by The Game, because of its “super aggressive” lyrics — so aggressive that none can be printed in a family newspaper. “I couldn’t have explained what I was talking about quite right, but he called and said, ‘I’ve been listening to that song every day, and everything is better,’ ” Mr. Horowitz said.


Other News:

Lloyds is demanding repayment of bonuses after losses were later discovered. [WSJ]

The British banking software company Mistys -- in merger talks with Swiss rival Temenos --  has been approached by Vista Equity regarding a potential all-cash takeover. [DealBook]

Bank of America Corp. cut Chief Executive Officer Brian T. Moynihan’s compensation for 2011, granting him no cash bonus and freezing his salary. [Bloomberg]

WaMu won bankruptcy court approval for a $7 billion reorganization. [Businessweek]

Hedge fund manager Phil Falcone and his Harbinger Capital Partners were sued by a New York woman who claims she and others were misled about the fund’s decision to put most of the money they invested into LightSquared Inc. [Bloomberg]

Bank of Ireland has insisted it is making "substantial strides" restructuring its operations after full-year losses narrowed in 2011. [Telegraph]

Iceland's Financial Surveillance Authority fired its director following a report into his time as an executive at failed bank Landsbanki. [Reuters]

A lesson from an advisor cyber-victim. [Investment News]

AUTHOREmma Johnson Insider Comment

Sign up to our Newsletter!

Get advice to help you manage and drive your career.

Boost your career

Find thousands of job opportunities by signing up to eFinancialCareers today.
Latest Jobs
State Street Corporation
Mainframe zOS RACF Engineer
State Street Corporation
Quincy, United States
Standard Chartered Bank
Loan and Agency Specialist
Standard Chartered Bank
Newark, United States
Standard Chartered Bank
Director - Trade Sales
Standard Chartered Bank
New York, United States
Sr. Business Analyst - Hedge Fund
Oakridge Staffing
New York, United States
Head of Data Analytics
New York, United States
Claims Resolution Specialist II, Appraisal
Liberty Mutual
Seattle, United States

Sign up to our Newsletter!

Get advice to help you manage and drive your career.