Because in our boom times, everything is growing, usually, you know, the kind of things that come to mind are Wild, Wild, West, or land grabs, you know, these sorts of things, in order to make something, you know, kind of to grow into the future and to get all the growth that you need to have. So you tend to hire a lot because you're running fast to the future.
Reid HoffmanOne thing I learned in '97, when I thought the right time to found a company was during a swing-up, is that it's much better to start during an economic downturn. Partnerships are easier; hiring is easier; and the competition starts later.
Reid HoffmanA product needs to be sufficiently innovative to distinguish itself from the pack, but not so forward thinking as to alienate the user.
Reid HoffmanOne of the tests that I frequently use in an interaction is I push on the idea and what I'm looking for is both flexibility & persistence.
Reid Hoffman