A Quote by Reid Hoffman
World-changing startups need to be premised on accurate contrarian theories.
Related Quotes
The best opportunities are often ones where you're being contrarian. That doesn't mean being contrarian for contrarian's sake, but it means you're thoughtful about the risks of following the crowd.
Startups are rapidly changing systems. If you use an annual review cycle, you aren't getting feedback at the same pace that you need to adapt and change the business.
Scientific theories need reconstruction every now and then. If they didn't need reconstruction they would be facts, not theories. The more facts we know, the less radical become the changes in our theories. Hence they are becoming more and more constant. But take the theory of gravitation; it has not been changed in four hundred years.
To be a contrarian, you've got to be a contrarian against your own people.
It’s actually pretty easy to be contrarian. It’s hard to be contrarian and right.
Seed stage is an investment area that is really important for early stage startups. It feels like there is a need for trusted, experienced people to work with and to guide startups at this level.
Not everything needs changing. Some things need protecting. And that can be just as important, challenging and rewarding as changing the world.
When everyone is a contrarian, nobody is a contrarian
By declaring yourself a leader, you're taking initiative and moving into a role of influence in a lively and vital network that's changing the world. We're changing the world, first by changing ourselves and then by touching the world as changed beings. We believe the change in us catalyzes change in others. So in changing the world, we're choosing to be the change we wish to see in the world. By taking on this leadership role, you are choosing to be the change too.
Startups are all about breaking the rules and changing the 'natural order' of things. So let's do that for Series A terms.
Startups are painful, stressful and at times demoralizing. You need to be a true believer in the vision of what you are doing. You need to passionate about it and love what you’re doing. If you don’t, there is no way you can sustain the hours, stress and disappointment. There’s no way you’re going to be able to convince investors, customers and most importantly recruit a world-class team if you not building something you think is going to change the world.
India is one of the youngest startup nations in the world, and so far, various technology startups have witnessed phenomenal growth. It's amazing how these startups are thriving solely based on domestic demands. It speaks volumes about India's economy and its rich talent pool.
It's so important for startups to get their culture right at the start. They need to feel unique and that they are on their own important mission in the world.
9/10 startups fail, which is a harsh reality in the world of entrepreneurship. However, I believe that such a high number of startups fail because they do not take the right steps necessary when building their business. The biggest challenge people have is building something that their target audience or niche really wants.
Technology is changing the world; it's changing our sport. It's changing the way people are following the NBA.
Facts and theories are different things, not rungs in a hierarchy of increasing certainty. Facts are the world's data. Theories are structures of ideas that explain and interpret facts. Facts do not go away while scientists debate rival theories for explaining them. Einstein's theory of gravitation replaced Newton's, but apples did not suspend themselves in mid-air pending the outcome.
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