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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
Political
Frustration
Problem
Current
Need
Currents
Needs
Faster
Work
Depth
Think
Realized
Thinking
Serious
Process
More quotes by Reid Hoffman
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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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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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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Everything in life has some risk, and what you have to actually learn to do is how to navigate it.
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It's very conventional to say that you're a contrarian these days.
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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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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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I am most heartened when I'm talking to a team when they're reasoning to each other.
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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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The real secret of Silicon Valley is that it's really all about the people
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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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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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Part of the entrepreneurial thing is there are lots of ways to die.
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Innovation comes from long-term thinking and iterative execution.
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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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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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...Silicon Valley's success comes from the way its companies build alliances with their employees.
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It's better to be the best connected than the most connected.
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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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Help the people in your network. And let them help you.
Reid Hoffman