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Democracy tends to be a collaborative process, a committee, a consensus.

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
Process
Collaborative
Committee
Committees
Consensus
Tends
Democracy

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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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This is classic when you begin thinking about what is a great founder is, you navigate what is apparent paradoxes.
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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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So usually you have to have product distribution as more fundamental than what the actual product is.
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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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Part of the reason we like democracy is it's the portfolio of decades, which is to say you don't also get the disastrous dictator who completely destroys a society, engages you in wars and so forth.
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Democracy is always frustrating.
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