

611: Reid Hoffman | Surprising Entrepreneurial Truths
Jan 13, 2022
Reid Hoffman, co-founder of LinkedIn and venture capitalist, shares invaluable entrepreneurial insights. He discusses the importance of diversity for future relevance and warns against seeking unanimous consent in pitch meetings. Reid categorizes different types of 'no' and their lessons, stressing the need for resilience. He shares effective pitching strategies and the significance of networking as a collaborative effort. The conversation also touches on managing crises and the value of feedback in fostering innovation.
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Diversity in Investing
- Diverse investing teams, not siloed ones, yield better results.
- A team with varied perspectives can better assess market opportunities and product potential.
Different Types of No's
- Learn to distinguish between different types of "no's" when seeking feedback.
- Lazy no's should be disregarded, while skeptical and substantial no's offer learning opportunities.
Unanimous Consent
- Unanimous agreement on an idea's brilliance can be a warning sign for investors.
- It could indicate a lack of critical analysis or a saturated market.