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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

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All human beings are entrepreneurs.
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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.
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Silicon Valley is a mindset, not a location.
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The question is: how you cross uneven ground, how you assemble networks around you.
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Social networks do best when they tap into one of the seven deadly sins. Facebook is ego. Zynga is sloth. LinkedIn is greed.
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The key thing that I find that when you're kind of in boom times and you're hiring bunches, if you can hire, you know, always maintain very high standards and even if you, you know, can't find enough of, you know, what is typically called A players, then don't hire the people. All right? So, you know, use that as a way of standards.
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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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Every individual is essentially now a small business and entrepreneur.
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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?
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It is impossible to dissociate an individual from the environment of which he is a part. No story of achievement should ever be removed from its broader social context.
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Good ideas need good strategy to realize their potential.
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...Silicon Valley's success comes from the way its companies build alliances with their employees.
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It's better to be the best connected than the most connected.
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When you turn a company profitable you've gone from a company whose days are numbered to a company whose days can be infinite.
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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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You gotta be both flexible and persistent.
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You jump off a cliff and you assemble an airplane on the way down.
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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.
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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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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