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First mover Advantage doesn't go to the company that starts up, it goes to the company that scales up

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
Advantage
Goes
Company
Doesn
Firsts
First
Mover
Scales
Starts

More quotes by Reid Hoffman

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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.
Reid Hoffman
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I think the randomness by Donald Trump's governing, by tweeting, sloganeering, attacking, will create great chaos in the entire market. I think people will have difficulties in predicting the future. I think capital will recede.
Reid Hoffman
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What great founders do is seek the networks that will be essential to their task... Usually it's best to have two or three people on a team rather than a solo founder.
Reid Hoffman
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When you think about being contrarian, you have to think about - how is it that smart people will disagree with me, disagree with me ...from a position of intelligence, and there is something that I know that they don't know, that will actually in fact play out to be true.
Reid Hoffman
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What makes the meaning of life is people, so you try to be good to people immediately around you and in your broader community. So a lot of my projects are about how I can affect the world in the hundreds of millions.
Reid Hoffman
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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.
Reid Hoffman
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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.
Reid Hoffman
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It's nice to be happy. But the meaning of life is meaning - what's the impact you're having on the world. Suffering to accomplish that is a perfectly fine thing.
Reid Hoffman
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The challenge when you think about product distribution is: how are you competing for potential customers or potential members time?
Reid Hoffman
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I actually think every individual is now an entrepreneur, whether they recognize it or not.
Reid Hoffman
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Silicon Valley tends to believe in the individual who creates a small group and does something big.
Reid Hoffman
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Part of the entrepreneurial thing is there are lots of ways to die.
Reid Hoffman
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The entrepreneurial journey starts with jumping off a cliff and assembling an airplane on the way down.
Reid Hoffman
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Success...is no longer a simple ascension of steps. You need to climb sideways and sometimes down, and sometimes you need to swing from the jungle gym and establish your own turf somewhere else on the playground.
Reid Hoffman
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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.
Reid Hoffman
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When I'm raising money, this fundraising, I'm thinking about the next fundraising. I'm thinking how I'm set up for it.
Reid Hoffman
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I'm sympathetic to the people who go, Whoa, we'd like to have the benevolent, wise dictator. It will all work much more efficiently, but the reason that we remain staunch democrats - with a small d - is it's a decades long, it's a centuries long, it's a country long process for being inclusive.
Reid Hoffman
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Giving birth to something that could possibly change the lives of millions of people for possibly decades, hundreds of years, whatever the length of time the run is, is a great feeling.
Reid Hoffman
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I think we realized the depth of frustration through the current political process. So we said, OK, we know there's a serious problem here, we know we need to work on it, and now it's Oh, we need to work on it a lot faster.
Reid Hoffman
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People are legitimately worried about Donald Trump, almost like a schoolyard bully, if I step up, am I going to be targeted, too?
Reid Hoffman