Reid Hoffman

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 so a bunch of this stuff, PayPal had a initial booster pack on, which is all the various lists, which is hire people who are high talent and learners more than people who've had a ton of experience. I mean, they must know how to do the job, but as opposed to like, I've done this job for 10 years, it's, I've done this job for at least a year or two, and I'm an intense learner.

And so a bunch of this stuff, PayPal had a initial booster pack on, which is all the various lists, which is hire people who are high talent and learners more than people who've had a ton of experience. I mean, they must know how to do the job, but as opposed to like, I've done this job for 10 years, it's, I've done this job for at least a year or two, and I'm an intense learner.

And so a bunch of this stuff, PayPal had a initial booster pack on, which is all the various lists, which is hire people who are high talent and learners more than people who've had a ton of experience. I mean, they must know how to do the job, but as opposed to like, I've done this job for 10 years, it's, I've done this job for at least a year or two, and I'm an intense learner.

And so a bunch of this stuff, PayPal had a initial booster pack on, which is all the various lists, which is hire people who are high talent and learners more than people who've had a ton of experience. I mean, they must know how to do the job, but as opposed to like, I've done this job for 10 years, it's, I've done this job for at least a year or two, and I'm an intense learner.

And so a bunch of this stuff, PayPal had a initial booster pack on, which is all the various lists, which is hire people who are high talent and learners more than people who've had a ton of experience. I mean, they must know how to do the job, but as opposed to like, I've done this job for 10 years, it's, I've done this job for at least a year or two, and I'm an intense learner.

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.

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.

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.

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.

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.

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.

The pithy way of saying what blitzscaling is about is it's prioritizing speed over efficiency in an environment of uncertainty. And to unpack that a little bit, it's that when you're playing games where we call in the book Glengarry Glen Ross games, which is first prize is a Cadillac, second prize is steak knives, and third prize you're fired, you have to have speed. And speed to scale.

The pithy way of saying what blitzscaling is about is it's prioritizing speed over efficiency in an environment of uncertainty. And to unpack that a little bit, it's that when you're playing games where we call in the book Glengarry Glen Ross games, which is first prize is a Cadillac, second prize is steak knives, and third prize you're fired, you have to have speed. And speed to scale.

The pithy way of saying what blitzscaling is about is it's prioritizing speed over efficiency in an environment of uncertainty. And to unpack that a little bit, it's that when you're playing games where we call in the book Glengarry Glen Ross games, which is first prize is a Cadillac, second prize is steak knives, and third prize you're fired, you have to have speed. And speed to scale.

The pithy way of saying what blitzscaling is about is it's prioritizing speed over efficiency in an environment of uncertainty. And to unpack that a little bit, it's that when you're playing games where we call in the book Glengarry Glen Ross games, which is first prize is a Cadillac, second prize is steak knives, and third prize you're fired, you have to have speed. And speed to scale.