The other reason why people don't take a stand, which is very true in this election, is looking at [Donald] Trump and fearing reprisal, fearing reprisal from someone who is seeking the highest, most powerful role in the land, who has had a history of doing everything from attacks, threats and lawsuits and who has a complete kind of vengeful, narcissistic behavior, which makes people legitimately worried, almost like a schoolyard bully, that if I step up, am I going to be targeted, too?
Reid HoffmanThere's a lot of people in the world that would love to trade places with American citizens, and we are very fortunate to be here.
Reid HoffmanWe've been working for years on how we can use technology to help people make their own jobs, become entrepreneurs, create their own small businesses. Those are the kinds of things that I and a bunch of other people at LinkedIn actually work on.
Reid HoffmanPeople are legitimately worried about Donald Trump, almost like a schoolyard bully, if I step up, am I going to be targeted, too?
Reid HoffmanDuring normal times or boom times, there are some parts of the business that are going to so well, that that can cover for weakness and other parts of the business. What happens during recessions, is you have less windfalls just helping you cover mistakes. You have to be more careful about not making mistakes.
Reid HoffmanNow, in economic crises times, the kind of things you're looking at is it's generally harder to get capital, revenue growth may be more, revenue lines may be unstable or growth may be less easy to predict that you're going to get to. And so what you do is you take a certain conservative approach of when, as all entrepreneurs should do, you plan for both good luck and bad luck, you put extra time on, "Okay, if I have bad luck, what do I do about that?"
Reid Hoffman