Reid Hoffman
Reid Hoffman
Reid Garrett Hoffmanis an American internet entrepreneur, venture capitalist and author. Hoffman is the co-founder and executive chairman of LinkedIn, a business-oriented social network used primarily for professional networking. Hoffman, with a net worth of US$4.7 billion, is ranked as #341 on the list of the world's richest people...
NationalityAmerican
ProfessionEntrepreneur
Date of Birth5 August 1967
CityStanford, CA
CountryUnited States of America
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.
One thing I learned in '97, when I thought the right time to found a company was during a swing-up, is that it's much better to start during an economic downturn. Partnerships are easier; hiring is easier; and the competition starts later.
When you’re doing work you care about, you are able to work harder and better.
Entrepreneurship is a life idea, not a strictly business one; a global idea, not a strictly American one.
Be persistent, and hang on to your vision. And at the same time, be flexible.
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.
Before dreaming about the future or marking plans, you need to articulate what you already have going for you - as entrepreneurs do.
You have to be constantly reinventing yourself and investing in the future.
One of the phrases I frequently look for is infinite learning curve.Because each entrepreneurial pattern is to some degree unique and new.
I am most heartened when I'm talking to a team when they're reasoning to each other.
In software, speed to market, speed to learning is really key. In hardware, if you screw it up, you're dead. So accuracy really matters.
If I ever hear a founder talk about oh this is how I have a balanced life so on and so forth - they're not committed to winning.
...Silicon Valley's success comes from the way its companies build alliances with their employees.
The underpinnings of the alliance: the company helps the employee transform his career; the employee helps the company transform.