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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.

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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Wars
Reason
Forth
Like
Decades
Portfolio
Completely
Engages
Democracy
Portfolios
Society
Disastrous
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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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If you can get better at your job, you should be an active member of LinkedIn, because LinkedIn should be connecting you to the information, insights and people to be more effective.
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It's very conventional to say that you're a contrarian these days.
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Ironically, in a changing world, playing it safe is one of the riskiest things you can do.
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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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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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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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You gotta be both flexible and persistent.
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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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All human beings are entrepreneurs.
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I think the boarding schools are like miniature versions of Lord of the Flies.
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Help the people in your network. And let them help you.
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You jump off a cliff and you assemble an airplane on the way down.
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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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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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World-changing startups need to be premised on accurate contrarian theories.
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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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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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Part of the entrepreneurial thing is there are lots of ways to die.
Reid Hoffman