Reid Hoffman
๐ค SpeakerAppearances Over Time
Podcast Appearances
Yes, shortly. Look, I'm an investor and all the rest. And I think Figma is an amazing company that's going to โ I'm probably going to make substantially more money because the deal was essentially derailed. But there was a bad theory of the case.
Great question. So what I think is that the AI revolution will both create enormous value for the large companies and enormous value for the small companies. And it's going to do both. And part of that is because I don't think it's a big tech question. I don't think it's a little tech question. I think it's a scale tech question.
Great question. So what I think is that the AI revolution will both create enormous value for the large companies and enormous value for the small companies. And it's going to do both. And part of that is because I don't think it's a big tech question. I don't think it's a little tech question. I think it's a scale tech question.
Great question. So what I think is that the AI revolution will both create enormous value for the large companies and enormous value for the small companies. And it's going to do both. And part of that is because I don't think it's a big tech question. I don't think it's a little tech question. I think it's a scale tech question.
And I think part of what we do as investors and creators and creators in new industries, we invest in scaling technology. It starts small and it gets very large. And we want more large tech companies. The answer is not we want fewer large tech companies. We want more large tech companies.
And I think part of what we do as investors and creators and creators in new industries, we invest in scaling technology. It starts small and it gets very large. And we want more large tech companies. The answer is not we want fewer large tech companies. We want more large tech companies.
And I think part of what we do as investors and creators and creators in new industries, we invest in scaling technology. It starts small and it gets very large. And we want more large tech companies. The answer is not we want fewer large tech companies. We want more large tech companies.
I actually almost never look at multiples.
I actually almost never look at multiples.
I actually almost never look at multiples.
No. My investments are at seven to 10 years out. And so it's a belief in what seven to 10 years looks like. And almost everything I invest in is unprofitable when I invest in it. Have I invested in a business that's profitable? I can't remember.
No. My investments are at seven to 10 years out. And so it's a belief in what seven to 10 years looks like. And almost everything I invest in is unprofitable when I invest in it. Have I invested in a business that's profitable? I can't remember.
No. My investments are at seven to 10 years out. And so it's a belief in what seven to 10 years looks like. And almost everything I invest in is unprofitable when I invest in it. Have I invested in a business that's profitable? I can't remember.
Well, what I would love to have, and look, I understand the economics. I myself follow the economics of going into software. A broader range of things, and I've tried to do some of that myself, so I don't just preach it, you know, a nuclear fission and fusion, a Joby and flying cars, because the world is not just digital, it's also real and physical. And so a broader range would be a good thing.
Well, what I would love to have, and look, I understand the economics. I myself follow the economics of going into software. A broader range of things, and I've tried to do some of that myself, so I don't just preach it, you know, a nuclear fission and fusion, a Joby and flying cars, because the world is not just digital, it's also real and physical. And so a broader range would be a good thing.
Well, what I would love to have, and look, I understand the economics. I myself follow the economics of going into software. A broader range of things, and I've tried to do some of that myself, so I don't just preach it, you know, a nuclear fission and fusion, a Joby and flying cars, because the world is not just digital, it's also real and physical. And so a broader range would be a good thing.
What have you changed your mind on in the last 12 months? Interesting. I guess what is the right way for governments to interface productively with cryptocurrency? And there's micro things. I'm a believer in cryptocurrency. I bought Bitcoin back in 2013. I've invested in cryptocurrency companies.
What have you changed your mind on in the last 12 months? Interesting. I guess what is the right way for governments to interface productively with cryptocurrency? And there's micro things. I'm a believer in cryptocurrency. I bought Bitcoin back in 2013. I've invested in cryptocurrency companies.
What have you changed your mind on in the last 12 months? Interesting. I guess what is the right way for governments to interface productively with cryptocurrency? And there's micro things. I'm a believer in cryptocurrency. I bought Bitcoin back in 2013. I've invested in cryptocurrency companies.
I think it can be very good for society, but the ways that it can integrate well in society, there's evolving beliefs there. What should happen, what should not happen, but they're all micro things, not macro things. Maybe the most macro thing might be It's not a change of my belief as much as it's kind of like an open question.