Reid Hoffman
About
Entrepreneur and investor
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Claims by Reid Hoffman (20 of 115)
Inequality matters in two ways: (1) the important way is ensuring basic quality of life (security, health, housing, safety, schools, opportunity for next generation), and (2) the complicated way is relative status gaps between people, with the first being a real policy problem while the second is more ambiguous.
Top universities operate at 30 percent capacity
Top colleges and universities are operating at roughly 30 percent of their potential capacity as talent certifiers, and Silicon Valley is only beginning to compete with them through network-based talent recognition programs and coding camps.
Non-dualism over Cartesian dualism
Hoffman is a non-dualist in the Buddhist sense: there may be a spread of substances, possibly including a spiritual nature beyond the material plane, but they are not disconnected, and one should remain open to whether all of it resolves to materialism.
Newspaper hostility to Facebook is rivalry plus nostalgia
Newspaper people hate Facebook more than radio people because of competitive rivalry over lost economics and attention, and Hoffman is unsympathetic to their wish to return to a golden age of newspapers—the right move is to design a better future that preserves the civil functions newspapers performed.
Hoffman's edge was interfacing with institutions
Hoffman's comparative strength on the PayPal team was the ability to tolerate very different cultures and mindsets while interfacing with massive platforms and institutions—eBay, Visa, Mastercard, regulators—and winning PayPal a seat at the table without triggering 'organ rejection.'
Write out your clearest investment theses
Entrepreneurs should use philosophy's discipline of clarity to write out their clearest set of investment theses: what they believe the world is and is becoming, their strategy to make it happen, why they can hold a rare or unique position, and an explicit theory of human nature underlying the product.
Cryptocurrencies and sovereigns need each other
The world will need one or more cryptocurrencies; crypto builders wrongly dismiss banks and sovereigns who actually need an interface point on how monetary systems work, while bankers wrongly dismiss crypto builders as mere hustlers—so a debate format can let both sides learn.
Powerful tech must engage in societal discourse
Hoffman disagrees with the Silicon Valley meme that technology is the only Archimedean lever that matters and that companies should tell society to leave them alone; as tech reaches society-level impact, companies must deliberately engage in public discourse, accept accountability on design principles, and create channels for society to give feedback.
Good conservative values guide evolution not lock-in
One can articulate very good conservative values that do not try to lock in the past against the future but instead articulate principles—around concepts like liberty—that guide your own evolution of thinking, which is what Matthew Arnold's best values represented.
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