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Reid Hoffman

πŸ‘€ Speaker
See mentions of this person in podcasts
5528 total appearances

Appearances Over Time

Podcast Appearances

Young and Profiting with Hala Taha
Reid Hoffman: LinkedIn Co-Founder on Building and Scaling Massively Valuable Companies Fast | Entrepreneurship | E332

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?

Young and Profiting with Hala Taha
Reid Hoffman: LinkedIn Co-Founder on Building and Scaling Massively Valuable Companies Fast | Entrepreneurship | E332

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?

Young and Profiting with Hala Taha
Reid Hoffman: LinkedIn Co-Founder on Building and Scaling Massively Valuable Companies Fast | Entrepreneurship | E332

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.

Young and Profiting with Hala Taha
Reid Hoffman: LinkedIn Co-Founder on Building and Scaling Massively Valuable Companies Fast | Entrepreneurship | E332

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.

Young and Profiting with Hala Taha
Reid Hoffman: LinkedIn Co-Founder on Building and Scaling Massively Valuable Companies Fast | Entrepreneurship | E332

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.

Young and Profiting with Hala Taha
Reid Hoffman: LinkedIn Co-Founder on Building and Scaling Massively Valuable Companies Fast | Entrepreneurship | E332

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.

Young and Profiting with Hala Taha
Reid Hoffman: LinkedIn Co-Founder on Building and Scaling Massively Valuable Companies Fast | Entrepreneurship | E332

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.

Young and Profiting with Hala Taha
Reid Hoffman: LinkedIn Co-Founder on Building and Scaling Massively Valuable Companies Fast | Entrepreneurship | E332

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.

Young and Profiting with Hala Taha
Reid Hoffman: LinkedIn Co-Founder on Building and Scaling Massively Valuable Companies Fast | Entrepreneurship | E332

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.

Young and Profiting with Hala Taha
Reid Hoffman: LinkedIn Co-Founder on Building and Scaling Massively Valuable Companies Fast | Entrepreneurship | E332

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.

Young and Profiting with Hala Taha
Reid Hoffman: LinkedIn Co-Founder on Building and Scaling Massively Valuable Companies Fast | Entrepreneurship | E332

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.

Young and Profiting with Hala Taha
Reid Hoffman: LinkedIn Co-Founder on Building and Scaling Massively Valuable Companies Fast | Entrepreneurship | E332

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.

Young and Profiting with Hala Taha
Reid Hoffman: LinkedIn Co-Founder on Building and Scaling Massively Valuable Companies Fast | Entrepreneurship | E332

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.

Young and Profiting with Hala Taha
Reid Hoffman: LinkedIn Co-Founder on Building and Scaling Massively Valuable Companies Fast | Entrepreneurship | E332

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.

Young and Profiting with Hala Taha
Reid Hoffman: LinkedIn Co-Founder on Building and Scaling Massively Valuable Companies Fast | Entrepreneurship | E332

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.

Young and Profiting with Hala Taha
Reid Hoffman: LinkedIn Co-Founder on Building and Scaling Massively Valuable Companies Fast | Entrepreneurship | E332

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.

Young and Profiting with Hala Taha
Reid Hoffman: LinkedIn Co-Founder on Building and Scaling Massively Valuable Companies Fast | Entrepreneurship | E332

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.

Young and Profiting with Hala Taha
Reid Hoffman: LinkedIn Co-Founder on Building and Scaling Massively Valuable Companies Fast | Entrepreneurship | E332

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.

Young and Profiting with Hala Taha
Reid Hoffman: LinkedIn Co-Founder on Building and Scaling Massively Valuable Companies Fast | Entrepreneurship | E332

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.

Young and Profiting with Hala Taha
Reid Hoffman: LinkedIn Co-Founder on Building and Scaling Massively Valuable Companies Fast | Entrepreneurship | E332

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.