Reid Hoffman Quotes

The trick is, a market has to be nonexistent when you start. If the market is large early on, you will have too many competitors. You have to make it large.

After launching the first version of Facebook for a few thousand users, we would discuss how this should be built for the world. It wasn't even a thought that maybe it could be us. We always thought it would be someone else doing it.

I am sure innovation will blossom around the world, given that the Internet and mobile platforms enable innovators anywhere in the world to reach a global market with ease.

On AngelList, we get 100 new companies created a day. That's an insane flood.

First mover Advantage doesn't go to the company that starts up, it goes to the company that scales up

By definition, as a company scales rapidly, it adds people quickly.

I have always admired the innovation and impact Apple products and services have on people's lives and hope in some small way I can help contribute to the company's continued success and leadership in changing the world.

That's what America's all about. Entrepreneurs who can start a business in their basement and have it grow into a global company - that's exactly what we want.

It is absolutely critical for competitiveness in the United States for us to really raise the bar in education, especially in math, in science, in technology.

Prior to the App Store, the chances of that happening, of somebody really young forming a company and in a period of no time really becoming a global provider of a game or something else, it really didn't happen. Now there are these success stories popping up everywhere.

The emergence of Uber X was really the most important pivot maybe in the history of Silicon Valley. It's a vast majority of Uber's revenues, and so that flexibility and the rapid growth and the fighting the battles, it's all Travis. You can't take any credit away from him.

When Mike Hammond and I started Gateway 12 years ago on my father's cattle farm, we knew it could be big. We talked big. But there's no way we could have been prepared to go from less than $300 million in revenues to $5 billion in six years. You can't so much prepare for that kind of growth as sort of ride it and try to manage it.

It's important for founders to think about how they would build their company from scratch - again.

Without competition, Silicon Valley will stop taking risks and will stop innovating.

I just really love being the first to do something and that drives me to think, 'What are people not doing right now, and how can I be the best at it?'

At Microsoft, we know first-hand how passionate entrepreneurs can change the world. We believe that technology can empower everyone to achieve more.

Israel is a producer of growth.

We're trying to build the largest start-up ever without becoming a big company.

The success stories in biotechnology are mainly due to the straightforward application of design thinking in both the business and science aspects of our lean startups.

What's the word to describe the thing that all of us are trying to do, which is to found or work for or invest in a company that is the winner of all winners?

Plenty of entrepreneurs can start a company. What is more rare is to evolve it and to scale with it over time.

Hungary has no raw materials and no major energy sources; we have some agricultural background. So what we produce here in Hungary is the result of our labor and minds, and then we have to sell it to the world. If we are not able to do that, if we are not innovative enough, if we are not modern and open enough, we can't do that.

The most important job of an entrepreneur is to design the business before there is a business.

Who can object to a monopoly when any new company, if it is built around a scientific nucleus, can create a new monopoly of its own by creating a wholly new field?

You want an idea that turns into a monopoly. But you can't get a monopoly, in a big market right away; too much competition for that.