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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.
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
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You have to be constantly reinventing yourself and investing in the future.
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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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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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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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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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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 nice to be happy. But the meaning of life is meaning - what's the impact you're having on the world. Suffering to accomplish that is a perfectly fine thing.
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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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Silicon Valley is a mindset, not a location.
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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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The real secret of Silicon Valley is that it's really all about the people
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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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Innovation comes from long-term thinking and iterative execution.
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Every individual is essentially now a small business and entrepreneur.
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...Silicon Valley's success comes from the way its companies build alliances with their employees.
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I actually think every individual is now an entrepreneur, whether they recognize it or not.
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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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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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Silicon Valley tends to believe in the individual who creates a small group and does something big.
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Part of the entrepreneurial thing is there are lots of ways to die.
Reid Hoffman