Reid Hoffman

PayPal started as an encryption technology on mobile phones, went to cash on mobile phones, went to cash on Palm Pilots, then went to cash on Palm Pilots plus an online synchronizing payment service, and then quickly converted to an online master merchant. The last bit was after it launched. All of that initial... cryptology on mobile phones was completely thrown out the door and useless.

Everything from, you know, if you're not embarrassed by your product release, you've released too late relative to software and consumer internet because I thought I would polish it and get it just so right and beautiful before getting out and when we released. we quickly discovered half the things we'd spent months on were completely useless.

Everything from, you know, if you're not embarrassed by your product release, you've released too late relative to software and consumer internet because I thought I would polish it and get it just so right and beautiful before getting out and when we released. we quickly discovered half the things we'd spent months on were completely useless.

Everything from, you know, if you're not embarrassed by your product release, you've released too late relative to software and consumer internet because I thought I would polish it and get it just so right and beautiful before getting out and when we released. we quickly discovered half the things we'd spent months on were completely useless.

Everything from, you know, if you're not embarrassed by your product release, you've released too late relative to software and consumer internet because I thought I would polish it and get it just so right and beautiful before getting out and when we released. we quickly discovered half the things we'd spent months on were completely useless.

Everything from, you know, if you're not embarrassed by your product release, you've released too late relative to software and consumer internet because I thought I would polish it and get it just so right and beautiful before getting out and when we released. we quickly discovered half the things we'd spent months on were completely useless.

Because again, it was kind of this, don't just build something because it's an interesting product. What's the market need? How are you getting into it? And so there were just tons and tons of experiences. I'd say one of the central things that I learned about entrepreneurship from PayPal was the speed of execution, the speed of making decisions.

Because again, it was kind of this, don't just build something because it's an interesting product. What's the market need? How are you getting into it? And so there were just tons and tons of experiences. I'd say one of the central things that I learned about entrepreneurship from PayPal was the speed of execution, the speed of making decisions.

Because again, it was kind of this, don't just build something because it's an interesting product. What's the market need? How are you getting into it? And so there were just tons and tons of experiences. I'd say one of the central things that I learned about entrepreneurship from PayPal was the speed of execution, the speed of making decisions.

Because again, it was kind of this, don't just build something because it's an interesting product. What's the market need? How are you getting into it? And so there were just tons and tons of experiences. I'd say one of the central things that I learned about entrepreneurship from PayPal was the speed of execution, the speed of making decisions.

Because again, it was kind of this, don't just build something because it's an interesting product. What's the market need? How are you getting into it? And so there were just tons and tons of experiences. I'd say one of the central things that I learned about entrepreneurship from PayPal was the speed of execution, the speed of making decisions.

We'd thought that the game was entirely about, well, did we have a vision for product quality? And we didn't spend that much time thinking about our go-to-market strategy, which is fundamental to entrepreneurship. And so it was just failure after failure and recovery.

We'd thought that the game was entirely about, well, did we have a vision for product quality? And we didn't spend that much time thinking about our go-to-market strategy, which is fundamental to entrepreneurship. And so it was just failure after failure and recovery.

We'd thought that the game was entirely about, well, did we have a vision for product quality? And we didn't spend that much time thinking about our go-to-market strategy, which is fundamental to entrepreneurship. And so it was just failure after failure and recovery.

We'd thought that the game was entirely about, well, did we have a vision for product quality? And we didn't spend that much time thinking about our go-to-market strategy, which is fundamental to entrepreneurship. And so it was just failure after failure and recovery.

We'd thought that the game was entirely about, well, did we have a vision for product quality? And we didn't spend that much time thinking about our go-to-market strategy, which is fundamental to entrepreneurship. And so it was just failure after failure and recovery.

But the two ways that I kind of came to learn to summarize this was, one, is I perhaps never learned so much in my life except for between the ages of two and three, because you're falling over and learning it and standing back up. And then the other one is every Friday, there were things I wish I had known on Monday.

But the two ways that I kind of came to learn to summarize this was, one, is I perhaps never learned so much in my life except for between the ages of two and three, because you're falling over and learning it and standing back up. And then the other one is every Friday, there were things I wish I had known on Monday.

But the two ways that I kind of came to learn to summarize this was, one, is I perhaps never learned so much in my life except for between the ages of two and three, because you're falling over and learning it and standing back up. And then the other one is every Friday, there were things I wish I had known on Monday.

But the two ways that I kind of came to learn to summarize this was, one, is I perhaps never learned so much in my life except for between the ages of two and three, because you're falling over and learning it and standing back up. And then the other one is every Friday, there were things I wish I had known on Monday.