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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?
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
Help
Hears
American
Broads
Future
Broad
Helping
Hillary
Good
Anger
Think
Clinton
Thinking
Says
People
Create
Swath
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You jump off a cliff and you assemble an airplane on the way down.
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One of the phrases I frequently look for is infinite learning curve.Because each entrepreneurial pattern is to some degree unique and new.
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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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You remake yourself as you grow and as the world changes. Your identity doesn’t get found. It emerges.
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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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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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Pay attention to your culture and your hires from the very beginning.
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Democracy is always frustrating.
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You have to be constantly reinventing yourself and investing in the future.
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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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Part of the entrepreneurial thing is there are lots of ways to die.
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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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Every individual is essentially now a small business and entrepreneur.
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What great founders do is seek the networks that will be essential to their task... Usually it's best to have two or three people on a team rather than a solo founder.
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Silicon Valley is a mindset, not a location.
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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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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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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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It's very conventional to say that you're a contrarian these days.
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