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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.
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
Profitable
Infinite
Whose
Turn
Days
Company
Gone
Turns
Numbered
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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Everything in life has some risk, and what you have to actually learn to do is how to navigate it.
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You jump off a cliff and you assemble 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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Entrepreneurship is a life idea, not a strictly business one a global idea, not a strictly American one.
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The real secret of Silicon Valley is that it's really all about the people
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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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When I'm raising money, this fundraising, I'm thinking about the next fundraising. I'm thinking how I'm set up for it.
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If you don't start out aiming for the big game, you almost never can get there.
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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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Pay attention to your culture and your hires from the very beginning.
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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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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 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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World-changing startups need to be premised on accurate contrarian theories.
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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 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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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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I think the boarding schools are like miniature versions of Lord of the Flies.
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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