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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…” quote by Reid Hoffman
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“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.”

Reid Hoffman

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.

Key Takeaway

Prioritize relationships.

Themes

networking entrepreneurship human capital

Mood

inspirational reflective

Type

advice business.

When to use this quote

  • startup fundraising
  • team building
  • career mentorship
  • investor relations

Key Concepts

social capital network effects early adoption

Questions to Reflect On

  • How do you assess a person's potential contribution?
  • What strategies foster lasting professional relationships?
A Different Perspective

People alone cannot guarantee success without execution.

4.9 out of 5 (7 ratings)

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