Reid Hoffman

We returned the investor's capital, but that was all we were able to do fundamentally.

If the cost and time is too great, you just make the decision, go with X. and you live with it. And maybe sometimes part of X and Y is, is it a one-way door or two-way door?

If the cost and time is too great, you just make the decision, go with X. and you live with it. And maybe sometimes part of X and Y is, is it a one-way door or two-way door?

If the cost and time is too great, you just make the decision, go with X. and you live with it. And maybe sometimes part of X and Y is, is it a one-way door or two-way door?

If the cost and time is too great, you just make the decision, go with X. and you live with it. And maybe sometimes part of X and Y is, is it a one-way door or two-way door?

If the cost and time is too great, you just make the decision, go with X. and you live with it. And maybe sometimes part of X and Y is, is it a one-way door or two-way door?

Because if you can recover from it, you're less likely to go do the research about should you decide Y versus X. Part of this practice, it gets you comfortable with making decisions at a really intense speed where you're uncomfortable with it because you don't know everything when you're making the decision.

Because if you can recover from it, you're less likely to go do the research about should you decide Y versus X. Part of this practice, it gets you comfortable with making decisions at a really intense speed where you're uncomfortable with it because you don't know everything when you're making the decision.

Because if you can recover from it, you're less likely to go do the research about should you decide Y versus X. Part of this practice, it gets you comfortable with making decisions at a really intense speed where you're uncomfortable with it because you don't know everything when you're making the decision.

Because if you can recover from it, you're less likely to go do the research about should you decide Y versus X. Part of this practice, it gets you comfortable with making decisions at a really intense speed where you're uncomfortable with it because you don't know everything when you're making the decision.

Because if you can recover from it, you're less likely to go do the research about should you decide Y versus X. Part of this practice, it gets you comfortable with making decisions at a really intense speed where you're uncomfortable with it because you don't know everything when you're making the decision.

So part of what happened is two friends of mine, Peter Thiel, Max Levchin, came to me and said, hey, we're starting this business. You've been doing this for a year and a half with SocialNet. We'd really love you to join the board. We'll have you and Scott Bannister join the board. And could you do that? And I said, yes, because I've just gone through a year and a half of learning. every week.

So part of what happened is two friends of mine, Peter Thiel, Max Levchin, came to me and said, hey, we're starting this business. You've been doing this for a year and a half with SocialNet. We'd really love you to join the board. We'll have you and Scott Bannister join the board. And could you do that? And I said, yes, because I've just gone through a year and a half of learning. every week.

So part of what happened is two friends of mine, Peter Thiel, Max Levchin, came to me and said, hey, we're starting this business. You've been doing this for a year and a half with SocialNet. We'd really love you to join the board. We'll have you and Scott Bannister join the board. And could you do that? And I said, yes, because I've just gone through a year and a half of learning. every week.

So part of what happened is two friends of mine, Peter Thiel, Max Levchin, came to me and said, hey, we're starting this business. You've been doing this for a year and a half with SocialNet. We'd really love you to join the board. We'll have you and Scott Bannister join the board. And could you do that? And I said, yes, because I've just gone through a year and a half of learning. every week.

So part of what happened is two friends of mine, Peter Thiel, Max Levchin, came to me and said, hey, we're starting this business. You've been doing this for a year and a half with SocialNet. We'd really love you to join the board. We'll have you and Scott Bannister join the board. And could you do that? And I said, yes, because I've just gone through a year and a half of learning. every week.

And that was one of our many ethoses at PayPal that allowed us to navigate this just like lots of things almost blew us up. And it was definitely a X-wing fighter going into the Death Star. Oh, my gosh, are we going to live or die on this? We succeeded.

And that was one of our many ethoses at PayPal that allowed us to navigate this just like lots of things almost blew us up. And it was definitely a X-wing fighter going into the Death Star. Oh, my gosh, are we going to live or die on this? We succeeded.

And that was one of our many ethoses at PayPal that allowed us to navigate this just like lots of things almost blew us up. And it was definitely a X-wing fighter going into the Death Star. Oh, my gosh, are we going to live or die on this? We succeeded.

And that was one of our many ethoses at PayPal that allowed us to navigate this just like lots of things almost blew us up. And it was definitely a X-wing fighter going into the Death Star. Oh, my gosh, are we going to live or die on this? We succeeded.