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Having a great idea for a product is important, but having a great idea for product distribution is even more important.
Reid Hoffman
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Reid Hoffman
Age: 57
Born: 1967
Born: August 5
Businessperson
Entrepreneur
Investor
Writer
Stanford
California
Reid Garrett Hoffman
Reid G. Hoffman
Ideas
Important
Great
Even
Distribution
Product
Products
Idea
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It's useful to be able to recognize whether you're on track or not. To have that belief, but also paranoia about am I tracking against my investment thesis.
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So usually you have to have product distribution as more fundamental than what the actual product is.
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Everything in life has some risk, and what you have to actually learn to do is how to navigate it.
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What I think Peter Thiel imagines is that Donald Trump has a policy, that Trump has an idea of what to do. haven't heard any of those ideas. All I hear is sloganeering, vitriol, personal attacks.
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I actually think every individual is now an entrepreneur, whether they recognize it or not.
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There's a lot of people in the world that would love to trade places with American citizens, and we are very fortunate to be here.
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Silicon Valley tends to believe in the individual who creates a small group and does something big. Democracy is always frustrating, but it creates a society that, for example, allows us to invest in each other's kids, to have public education, to have both a greater society and individual freedom for creating businesses.
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Democracy is always frustrating.
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The fastest way to change yourself is to hang out with people who are already the way you want to be.
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