Quote

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.

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
Close
People
Hold
Mistake
Almost
Idea
Entrepreneurial
Tell
Classic
Ideas
Impulse
Always

More quotes by Reid Hoffman

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Democracy tends to be a collaborative process, a committee, a consensus.
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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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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.
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The real secret of Silicon Valley is that it's really all about the people
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The question is: how you cross uneven ground, how you assemble networks around you.
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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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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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Pay attention to your culture and your hires from the very beginning.
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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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The value of being connected and transparent is so high that the roadbumps of privacy issues are much lower in actual experience than people's fears.
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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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It's very conventional to say that you're a contrarian these days.
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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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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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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.
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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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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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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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I think the boarding schools are like miniature versions of Lord of the Flies.
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