Reid Hoffman
Businessman
1967-08-05
Books by Reid Hoffman
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Quotes by Reid Hoffman
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As an entrepreneur and investor, I prioritize construction and collaboration. Whether it's a five-person start-up or a global giant, the companies that are most productive are the ones whose employees operate with a shared sense of purpose and a clear set of policies for responding to changing conditions and new opportunities.
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The death penalty and the arguments it inspires don't only involve ethics, morals, and justice. There are bureaucratic and economic aspects to it as well. All these different aspects commingle in ways that convince me we should take whatever steps we can to abolish the death penalty.
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One of the challenges in networking is everybody thinks it's making cold calls to strangers. Actually, it's the people who already have strong trust relationships with you, who know you're dedicated, smart, a team player, who can help you.
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Trump often says he needs to keep his tax returns private until the IRS finishes auditing him. But the IRS itself has said this isn't necessary. And recently, Trump changed his tune, saying he'll release his returns as soon as Hillary Clinton releases the 33,000 emails she deleted from her email server.
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The American people deserve to know what's on Trump's tax returns. And Trump must show that he truly embraces accountability and transparency and understands what it means to work on behalf of the public interest.
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For Trump, the reasons to release his tax returns have always been compelling. Doing so would show the American people he doesn't just talk about accountability and transparency but also walks the walk.
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We need to invest in technologies that amplify human capacity, not replace it.
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Observe, orient, decide, act. It's fighter pilot terminology. If you have the faster OODA loop in a dogfight, you live. The other person dies. In Silicon Valley, the OODA loop of your decision-making is effectively what differentiates your ability to succeed.
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The opportunity to build an enduring product far outweighs the cost of alienating a few users along the way. And the sooner you internalize that trade-off, the faster you'll move along the path to scale.
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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.
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The reason the social-networking phenomenon is something that I invested in early and massively - I led the Series A financing for Friendster; I founded a company called Socialnet in 1997; I founded LinkedIn; and I was part of the first round of financing in Facebook - it sounds trivial, but people matter.
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To have your parents get divorced at a young age, there's a lot of turbulence. We all grew up together, in some way. It was not idyllic. It was intense, vibrant, sometimes oppressive. I felt I was very much in a world of my own. I didn't meld much in school. I was kind of a loner.
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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.
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Democracy tends to be a collaborative process, a committee, a consensus. Silicon Valley tends to believe in the individual who creates a small group and does something big.
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I think 'Settlers of Catan' is such a well-designed board game - it's the board game of entrepreneurship - that I made a knockoff called 'Startups of Silicon Valley.' It's literally - it's the same rules but just a different skin set to it.
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Silicon Valley is a mindset, not a location.
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Entrepreneurs are like visionaries. One of the ways they run forward is by viewing the thing they're doing as something that's going to be the whole world.
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As a child, I wondered often, 'Why are we? What is the meaning of life?' These questions made me realize that life is what has meaning - not just individual lives, but all of our lives.
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MySpace is like a bar, Facebook is like the BBQ you have in your back yard with friends and family, play games, share pictures. Facebook is much better for sharing than MySpace. LinkedIn is the office, how you stay up to date, solve professional problems.
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