Business Quote by Reid Hoffman
“The reason the social-networking phenomenon is something that I invested in early and massively - I led the Series A financing for Friendster; I founded a company called Socialnet in 1997; I founded LinkedIn; and I was part of the first round of financing in Facebook - it sounds trivial, but people matter.”
About This Quote
Source Interview: Podcast "How I Built This", 2016
Success in tech hinges on building relationships and recognizing the value of people over products.
In simple terms: People matter more than tech.
Prioritize relationships.
Themes
Mood
Type
When to use this quote
- startup fundraising
- team building
- career mentorship
- investor relations
Key Concepts
Questions to Reflect On
- How do you assess a person's potential contribution?
- What strategies foster lasting professional relationships?
People alone cannot guarantee success without execution.