---
title: 'Ben Horowitz on Winning vs Picking'
source: 'https://youtube.com/watch?v=opFl1RXZUSE'
video_id: 'opFl1RXZUSE'
date: 2026-07-14
duration_sec: 0
---

# Ben Horowitz on Winning vs Picking

> Source: [Ben Horowitz on Winning vs Picking](https://youtube.com/watch?v=opFl1RXZUSE)

## Summary



## Transcript

the winners get the best investors over time. There's kind of two parts to getting good returns, like picking the right deal and winning it. Winning it uh is a much bigger percentage of that equation than people like to give credit for. If you can't win it, >> then you're still never going to have good returns. And so being able to win automatically, I would say, gets you to the top tier of returns. [music] And then, you know, picking kind of moves you up that list. If you can win, >> then [clears throat] the best pickers want to join you cuz like they want to actually be in the deals they want to be in. Like if you're an investor and you go, "Hey, I think that's the future. [music] I think that's the greatest entrepreneur I've met." And you can't invest in it. Like that's very frustrating. [music]