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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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Reid Hoffman
Age: 57
Born: 1967
Born: August 5
Businessperson
Entrepreneur
Investor
Writer
Stanford
California
Reid Garrett Hoffman
Reid G. Hoffman
Raising
Next
Money
Thinking
More quotes by Reid Hoffman
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.
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The challenge when you think about product distribution is: how are you competing for potential customers or potential members time?
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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.
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All human beings are entrepreneurs.
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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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Your network is the people who want to help you, and you want to help them, and that's really powerful.
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Silicon Valley is a mindset, not a location.
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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.
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You jump off a cliff and you assemble an airplane on the way down.
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World-changing startups need to be premised on accurate contrarian theories.
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First mover Advantage doesn't go to the company that starts up, it goes to the company that scales up
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Companies hire a lot during boom times because they're trying to adequately accelerate into the future.
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...Silicon Valley's success comes from the way its companies build alliances with their employees.
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The entrepreneurial journey starts with jumping off a cliff and assembling an airplane on the way down.
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During normal times or boom times, there are some parts of the business that are going to so well, that that can cover for weakness and other parts of the business. What happens during recessions, is you have less windfalls just helping you cover mistakes. You have to be more careful about not making mistakes.
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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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Part of the reason we like democracy is it's the portfolio of decades, which is to say you don't also get the disastrous dictator who completely destroys a society, engages you in wars and so forth.
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Innovation comes from long-term thinking and iterative execution.
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Democracy tends to be a collaborative process, a committee, a consensus.
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A networker likes to meet people. I don't. I like accomplishing things in the world. You meet people when you want to accomplish something.
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