REID HOFFMAN QUOTES

" An Enterpreneur Is Someone Who Jumps Off Cliff And Builds A Plane On The Way Down "
Reid Hoffman
Reid Hoffman
Co-founder of LinkedIn

Quotes on Business:

Death Row inmates are almost twice as expensive to house each year as other inmates. Death penalty trials are much costlier than trials where execution is not a potential punishment and consume more time from judges, public defenders, and other legal personnel.

I get energy from one-on-one conversations most often, and I lose energy from group conversations most often

Sometimes freedom from normal rules is what gives you competitive advantage.

Silicon Valley is a mindset, not a location.

When thinking about how to deploy kind of professional and social networking into your business, it’s really not a question of if – it’s a question of when

Everything in life has some risk, and what you have to actually learn to do is how to navigate it.

You have to be constantly reinventing yourself and investing in the future.

Starting a company is like throwing yourself off the cliff and assembling an airplane on the way down.

Some people mistake grit for sheer persistence – charging up the same hill again and again. But that’s not quite what I mean by the word ‘grit.’ You want to minimize friction and find the most effective, most efficient way forward. You might actually have more grit if you treat your energy as a precious commodity.

I actually think every individual is now an entrepreneur, whether they recognize it or not.

My belief and goal is that every professional in the world should be on a service liked LinkedIn.

And people who take risk intelligently can usually actually make a lot more progress than people who don’t.

"Business is the systematic playing of games.”

Quotes on Success :

Everything in life has some risk, and what you have to actually learn to do is how to navigate it

If you are not embarrassed by the first version of your product you’ve launched too late.

No matter how brilliant your mind or strategy, if you’re playing a solo game, you’ll always lose out to a team

The fastest way to change yourself is to hang out with people who are already the way you want to be.

Every internet entrepreneur should answer these questions: How do we get to 1 million users? Then how do we get to 10 million users? Then how will you get deep engagement by your users.

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 

Society flourishes when people think entrepreneurally.

Most often I am only interested in an idea if it’s going to get hundreds of millions of users. That’s the scale that I am always trying to play to

 In the venture capital industry, just picking winners is a losing strategy. The goal is to pick blockbusters, companies that can scale from a team of founders in a garage to a multi-billion dollar IPO in less than a decade.

You gotta be both flexible and persistent.

You have to be constantly reinventing yourself and investing in the future.

The billion-dollar tech startup was once the stuff of myth but now they seem to be everywhere.

About

REID HOFFMAN

Reid Hoffman is an American internet entrepreneur, a venture capitalist, and an author. He was the co-founder and executive chairman of LinkedIn. Currently, he is a partner at Greylock, a venture capital firm.

In 1997, he co-founded his first company SocialNet.com, which focused on online dating and matching up people with similar interests. In 2000, he quit SocialNet.com to join PayPal’s as a full-time COO. When PayPal was acquired by eBay in 2002, Hoofman was serving as the vice president of PayPal. Later that year, he co-founded LinkedIn with a couple of his former colleagues.

His current venture capital investments include Airbnb, Apollo Fusion, Aurora etc. In the past, he has invested in 3D Solve, Coupons.com, Flickr, Last.fm etc.

Hoffman serves on the board of Do Something, which is an organisation that motivates people to take action regarding social changes, and OpenAI, a non-profit organisation, which aims at the development of safer artificial general intelligence and many more. He is also a funder of Crisis Text Line, a free, 24/7 crisis service via SMS in the US.