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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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Reid Hoffman
Age: 57
Born: 1967
Born: August 5
Businessperson
Entrepreneur
Investor
Writer
Stanford
California
Reid Garrett Hoffman
Reid G. Hoffman
Able
Thesis
Useful
Investment
Recognize
Track
Belief
Whether
Tracking
Also
Paranoia
More quotes by Reid Hoffman
When you have an idea, a classic entrepreneurial impulse is to hold the idea close to you and not tell people and that's almost always a mistake.
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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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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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Ironically, in a changing world, playing it safe is one of the riskiest things you can do.
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The key thing in any kind of guiding of the business is how do you create a strong organization that is kind of accelerating into the future. And when you're in trouble, the question is, what are the techniques that you can, you know, trim, refinance, sell, et cetera, in order to get this business back to that characteristic.
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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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One of the things is when you think, Wait, I'm fearful of retaliation, I'm fearful of oppression because of someone who is going into a public office, who might be vengeful for their own personal reasons, that's actually not a reason to hide - that's a reason to step up, right?This is part of what we learned from the 1920s.
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It's better to be the best connected than the most connected.
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Help the people in your network. And let them help you.
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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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I think the boarding schools are like miniature versions of Lord of the Flies.
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Silicon Valley is a mindset, not a location.
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You remake yourself as you grow and as the world changes. Your identity doesn’t get found. It emerges.
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I think Hillary [Clinton] hears the anger in a broad swath of the American people, and she says, OK, how do I help create a future that's good for you?
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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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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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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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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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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 entrepreneurial thing is there are lots of ways to die.
Reid Hoffman