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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

So the basic idea was to say, when you're hyperscaling to a market, obviously everyone wants to have as much revenue and as much customers in our house per employee is one of the ways to benchmark businesses. But almost all businesses also get to growing their employee base for various reasons.

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

So the basic idea was to say, when you're hyperscaling to a market, obviously everyone wants to have as much revenue and as much customers in our house per employee is one of the ways to benchmark businesses. But almost all businesses also get to growing their employee base for various reasons.

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

Networks are usually, but not always. So LinkedIn has one, Facebook has one, WhatsApp and Instagram. For example, when you look at Google, the network effect isn't the search index, that's a scale index. What it is is the AdWords, because the AdWords begin to get, when you're kind of that large and differentiated and have the data and intelligent enough, you end up with a better cost.

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

Networks are usually, but not always. So LinkedIn has one, Facebook has one, WhatsApp and Instagram. For example, when you look at Google, the network effect isn't the search index, that's a scale index. What it is is the AdWords, because the AdWords begin to get, when you're kind of that large and differentiated and have the data and intelligent enough, you end up with a better cost.

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

Networks are usually, but not always. So LinkedIn has one, Facebook has one, WhatsApp and Instagram. For example, when you look at Google, the network effect isn't the search index, that's a scale index. What it is is the AdWords, because the AdWords begin to get, when you're kind of that large and differentiated and have the data and intelligent enough, you end up with a better cost.

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

Networks are usually, but not always. So LinkedIn has one, Facebook has one, WhatsApp and Instagram. For example, when you look at Google, the network effect isn't the search index, that's a scale index. What it is is the AdWords, because the AdWords begin to get, when you're kind of that large and differentiated and have the data and intelligent enough, you end up with a better cost.

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

Networks are usually, but not always. So LinkedIn has one, Facebook has one, WhatsApp and Instagram. For example, when you look at Google, the network effect isn't the search index, that's a scale index. What it is is the AdWords, because the AdWords begin to get, when you're kind of that large and differentiated and have the data and intelligent enough, you end up with a better cost.

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

It's sales and new products and features, new product lines and customer service and account management and finance and everything else. So you, generally speaking, need to be scaling your employee base. at some rate with your business.

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

It's sales and new products and features, new product lines and customer service and account management and finance and everything else. So you, generally speaking, need to be scaling your employee base. at some rate with your business.

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

It's sales and new products and features, new product lines and customer service and account management and finance and everything else. So you, generally speaking, need to be scaling your employee base. at some rate with your business.

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

It's sales and new products and features, new product lines and customer service and account management and finance and everything else. So you, generally speaking, need to be scaling your employee base. at some rate with your business.

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

It's sales and new products and features, new product lines and customer service and account management and finance and everything else. So you, generally speaking, need to be scaling your employee base. at some rate with your business.

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

And so the thought was, as you're getting the scale product market fit, one of the challenges you have is you're scaling the size of your operation and all of these different vectors. And so that proxies to number of employees. And so we broke it up into the five categories that you just outlined. Thank you.

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

And so the thought was, as you're getting the scale product market fit, one of the challenges you have is you're scaling the size of your operation and all of these different vectors. And so that proxies to number of employees. And so we broke it up into the five categories that you just outlined. Thank you.

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

And so the thought was, as you're getting the scale product market fit, one of the challenges you have is you're scaling the size of your operation and all of these different vectors. And so that proxies to number of employees. And so we broke it up into the five categories that you just outlined. Thank you.

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

And so the thought was, as you're getting the scale product market fit, one of the challenges you have is you're scaling the size of your operation and all of these different vectors. And so that proxies to number of employees. And so we broke it up into the five categories that you just outlined. Thank you.

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

And so the thought was, as you're getting the scale product market fit, one of the challenges you have is you're scaling the size of your operation and all of these different vectors. And so that proxies to number of employees. And so we broke it up into the five categories that you just outlined. Thank you.

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

You can provide an ad at what is a lower cost to you and a higher price to your customer and have a higher margin revenue than your competitor that's trying to sell something. And so its network effect is in the AdWords. So part of when you're looking for these mega-scale businesses, usually there's some interesting network effects that really power them.

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

You can provide an ad at what is a lower cost to you and a higher price to your customer and have a higher margin revenue than your competitor that's trying to sell something. And so its network effect is in the AdWords. So part of when you're looking for these mega-scale businesses, usually there's some interesting network effects that really power them.

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

You can provide an ad at what is a lower cost to you and a higher price to your customer and have a higher margin revenue than your competitor that's trying to sell something. And so its network effect is in the AdWords. So part of when you're looking for these mega-scale businesses, usually there's some interesting network effects that really power them.