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I think the boarding schools are like miniature versions of Lord of the Flies.

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
Think
Thinking
Miniature
Like
Boarding
Flies
Versions
Schools
Lord
School

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Democracy is always frustrating.
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Democracy tends to be a collaborative process, a committee, a consensus.
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The fastest way to change yourself is to hang out with people who are already the way you want to be.
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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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You have to be constantly reinventing yourself and investing in the future.
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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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If you don't start out aiming for the big game, you almost never can get there.
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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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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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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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Your network is the people who want to help you, and you want to help them, and that's really powerful.
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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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Silicon Valley is a mindset, not a location.
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Make sure a certain percentage of the people that you're hiring are generalists so that you can be, kind of reconfigured in the workforce pretty easily.
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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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Silicon Valley tends to believe in the individual who creates a small group and does something big.
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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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One of the things is when you think, Wait, I'm fearful of retaliation, I'm fearful of oppression because of someone who is going into a public office, who might be vengeful for their own personal reasons, that's actually not a reason to hide - that's a reason to step up, right?This is part of what we learned from the 1920s.
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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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