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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
Thinking
Raising
Next
Money

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Every individual is essentially now a small business and entrepreneur.
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Ironically, in a changing world, playing it safe is one of the riskiest things you can do.
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One of the tests that I frequently use in an interaction is I push on the idea and what I'm looking for is both flexibility & persistence.
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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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Pay attention to your culture and your hires from the very beginning.
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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.
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No matter how brilliant your mind or strategy, if you're playing a solo game, you'll always lose out to a team.
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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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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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You have to be constantly reinventing yourself and investing in the future.
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Help the people in your network. And let them help you.
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I actually think we need to put our energies, as entrepreneurs, as technology inventors, as government, to being much more inclusive. I think the key thing is actually working together.
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Entrepreneurship is a life idea, not a strictly business one a global idea, not a strictly American one.
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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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This is classic when you begin thinking about what is a great founder is, you navigate what is apparent paradoxes.
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Silicon Valley tends to believe in the individual who creates a small group and does something big.
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The real secret of Silicon Valley is that it's really all about the people
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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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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