Silicon Valley billionaires are reportedly committing hundreds of thousands of dollars in a quest to rejuvenate the Democratic Party. [91], Co-founder of Linkedin, venture capitalist and author, Commander of the Order of the British Empire, "The World's Billionaires (2019 ranking): #1349 Reid Hoffman", "William Hoffman's Obituary on Mercury News", "A King of Connections Is Tech's Go-To Guy", "Billionaire Linked In Founder's first paid gig was as a 12 year old game developer at my company", Reid G. Hoffman: Chairman and Co-Founder, LinkedIn Corporation, "Reid Hoffman Revealed: Bloomberg Gamechangers", "A King of Connections Is Tech's Go–To Guy", "Your LinkedIn Intervention: 5 Changes You Must Make", "LinkedIn's Biggest Backers Will Own $2.5 Billion Stake After Initial Sale", "Microsoft to buy LinkedIn for $26.2 billion; LNKD shares jump 47%", "LinkedIn Co-founder Reid Hoffman Just Joined Microsoft's Board", TechCrunch – The latest technology news and information on startups, Greylock Gives Super Angel-Turned-VC Reid Hoffman A $20 Million Seed Fund, "Endeavor's Board of Directors: Reid Hoffman", The Facebook Effect: The Inside Story of the Company That Is Connecting the World: David Kirkpatrick: 9781439102114: Amazon.com: Books, Meet Facebook's (Soon-To-Be) Billionaires, "LinkedIn's Series B Pitch to Greylock: Pitch Advice for Entrepreneurs", "Should the United States fund the service program AmeriCorps? 1 with Symphony Silicon Valley. Reid Hoffman: Silicon Valley is on fire. Net Worth: $2.4 Billion. The only contemporary history of the birth of Silicon Valley―from the reporter who had a ringside seat to it all Over the past five decades, the tech industry has grown into one of the most important sectors of the global economy, and Silicon Valley--replete with sprawling office parks, sky-high rents, and countless self-made millionaires--is home to many of its key players. Sheldon Gilbert, Finance Co-Chair Wayne Levenfeld, Finance Co-Chair. This book is a call for intellectual and emotional engagement in reshaping the governance of the world we live in."—Fernando Henrique Cardoso, President of Brazil, 1995–2003 "America’s enduring strength has been its ability to ... Found insideReviewed and recognized as the most authoritative source in the field, this book describes the methods used worldwide to recover and identify footwear impressions from the scene of a crime. Hoffman told Tseng that Tseng does better at that than himself. Always innovating on his life, Captain Hoff has tried … An understated and unassuming Internet entrepreneur and investor, Hoffman has backed and advised some of the hottest start-ups. Sorry, your blog cannot share posts by email. [29], According to David Kirkpatrick's book The Facebook Effect, Hoffman arranged the first meeting between Mark Zuckerberg and Peter Thiel, which led to Thiel's initial $500,000 angel investment in Facebook. Vice Chair. Reid Hoffman (right) with Ana (top) and Michael (left) McCullough, co-founders of QuestBridge.org (Photo: Will Miller) Reid Hoffman is often referred to as “The Oracle of Silicon Valley” by tech insiders, who look at his company-building and investing track record (Facebook, Airbnb, Flickr, etc.) Always innovating on his life, Captain Hoff has tried more professions than cats have lives, including serial entrepreneur, venture capitalist, angel investor, studio head, computer engineer, filmmaker, Hollywood TV exec, published author, coder, game designer, manga rewriter, animator and voice actor. This book gives the answer. Accelerators in Silicon Valley is a book for those who share a fascination for building the new startup economy. Silicon Valley is a uniquely rich incubator and the birthplace of innovative ideas, talent, and companies that come to life and change the world. [30][31], Hoffman's current venture capital investments include Airbnb, Apollo Fusion, Aurora, Blockstream, Coda, Convoy, Entrepreneur First, Gixo, Nauto, Xapo.[32]. [23] Hoffman believes that many people still do not know how to use its service and it is LinkedIn's job to help them out. "[77], Since 2011 Hoffman is a member of the Bilderberg Group, which gathers 120-150 North American and European "political leaders and experts from industry, finance, academia and the media"[78] for an annual invitation-only closed-door conference. • Future of Technology & Business But I realised academics write books that 50 or 60 people read and I wanted more impact. As machines become capable of doing most of the work people have performed for centuries, we are headed for a massive social reorganization. [37] He has written for Strategy+Business on professional networking and is an "Influencer" on LinkedIn where he posts original written content.[38][39]. Bold Endeavors is a compelling narrative of ten large and transformative events in American history. Found inside – Page 81As Reid Hoffman wrote: The real secret of Silicon Valley is that it's really all about the people. Sure there are plenty of stories in the press about the ... In a place where the currency of the land is connections – Auren is near the top of the heap. Hoffman became a Microsoft board member on March 14, 2017. Auren is a Founder and CEO — He founded SafeGraph in 2016, and previously founded LiveRamp, which is now public (NYSE: RAMP) – a leading data platform. Hoffman has a BS from the University of California in Computer Engineering and an MFA from the University of Southern California in Cinema Television. On each episode, host Reid Hoffman — LinkedIn cofounder, Greylock partner and legendary Silicon Va… While in college, according to Hoffman, he formed a conviction that he wanted to try to influence the state of the world on a large scale. He went on to pioneer interactive television with his venture-funded startup Spiderdance, which produced interactive TV shows with NBC, MTV, Turner, Warner Brothers, History Channel, Game Show Network and others. The exceptionally opaque Acronym was itself created with seed money from a Silicon Valley billionaire named Reid Hoffman who has financed a series of highly manipulative social media campaigns. Founders Space has become one of the top startup accelerators in the world. [24], Microsoft proposed to acquire LinkedIn on June 13, 2016 for $26.2 billion in cash. Silicon Valley investor Reid Hoffman says companies should "embrace chaos". In this episode, you’ll learn: What is the future of technology? Hoffman was the Founder and Chairman of the Producers Guild Silicon Valley Chapter, Board of Governors of the New Media Council, and founding member of the Academy of Television’s Interactive Media Group. He has appeared on The Charlie Rose Show, Fareed Zakaria's Global Public Square on CNN and other current affairs television programs. Hoffman did not immediately respond. Found insideReveals how companies like GE and Burberry have broken the corporate mould, and introduces us to entrepreneurs like Leila Velez, who started a multi-million hair-care company from her kitchen sink in Rio. Yes, Hoffman is big, in all senses of the word. Auren is a Founder and CEO — He founded SafeGraph in 2016, and previously founded LiveRamp, which is now public (NYSE: RAMP) – a leading data platform. Hoffman has a chapter giving advice in Tim Ferriss' book Tools of Titans. [85], In 2016, Hoffman contributed $220,000 in support of Democratic candidate for Vermont governor Matt Dunne, according to a mass-media disclosure filed at the Vermont Secretary of State's Office. Silicon Valley's Democratic tech billionaires are getting behind former Vice President Joe Biden's presidential run to help pave a digital path to victory, according to a report. Learn how to leverage blitzscaling, a growth strategy pioneered in Silicon Valley that prioritizes speed over efficiency in the face of uncertainty. As entrepreneur, executive and investor, he has played an integral part in building LinkedIn, PayPal, Facebook and many others. Foreword by Bill Gates From the authors of New York Times bestsellers, The Alliance and The Start-up of You, comes a smart and accessible must-have guide for budding entrepreneurs everywhere. THE LIGHTNING-FAST PATH TO CREATING MASSIVELY VALUABLE BUSINESSES ------------------------------------------------------------------ This book is absolutely essential for anyone hoping to start a new business, grow an existing business, or ... Hoffman has trained hundreds of startup founders and corporate executives in the art of innovation and routinely works with the world’s largest global corporations and venture funds. In January 2000, he left SocialNet and joined PayPal full-time as the company's COO. Jessica Green, co-founder and CTO of Phylagen, and Joshua Hoffman, CEO of Zymergen explore the difference between startup and corporate decision-making. In this book, he draws on their most riveting, revealing stories—as well as his own experience as a founder and investor—to distill the secrets behind the most extraordinary success stories of our times. On April 25, 2017, Reid Hoffman announced the launch of a new podcast called "Masters of Scale." Reid offered his perspective on the future of Europe and… Auren Hoffman is one of the most connected people in Silicon Valley. Investing. [25] Hoffman became a Microsoft board member on March 14, 2017. Event Location / City [26], After the PayPal sale to eBay, Hoffman became one of Silicon Valley's most prolific and successful angel investors. Steve Hoffman (Captain Hoff) is the Captain & CEO of Founders Space, one of the world’s leading startup accelerators. Hoffman was the Founder and Chairman of the Producers Guild Silicon Valley Chapter, Board of Governors of the New Media Council, and founding member of the Academy of Television’s Interactive Media Group. But many outside Silicon Valley don't know much about his influence because this is definitely not a guy who throws his weight around. Found insideThe book highlights the disruption of traditional banking as well as the risks of fintech and regulatory technology. After roughly four years at a traditional local PR company in Japan, I found the idea of blending a Silicon Valley mentality with the Japanese way quite appealing. July 25, 2020. eWorld was acquired by AOL in 1996. And well, they all … Hoffman attended high school at The Putney School,[12] where he farmed maple syrup, drove oxen and studied epistemology. Employment > In each episode, Reid acts as the host, introducing a counterintuitive business theory and proving it out through the episode through a series of conversations with successful entrepreneurs. Automate and Grow is a blueprint for startups, small and medium businesses to grow through automation of marketing, sales and customer support. In Mentors & Masters, we tap into Founders Space’s global network of startup advisors, domain experts, and visionaries. "Fitness, money, and wisdom--here are the tools. Over the last two years ... Tim Ferriss has collected the routines and tools of world-class performers around the globe. Hoffman also serves on the advisory council of the MIT Media Lab and is a supporter and chair of the advisory board for QuestBridge (a provider of talented low-income students to top colleges/universities). Offering procedures such as breast augmentation, liposuction and facelift near San Jose in Campbell and Palo Alto, Dr. Daryl Hoffman is a board-certified, Stanford-trained plastic surgeon who serves patients from Silicon Valley communities including Campbell, Sunnyvale, Santa Clara, Cupertino, Mountain View, Menlo Park, and Redwood City. Following the election, Hoffman called President Trump “worse than useless as… Since then he has attended every year with the exception of 2013. Reid Garrett Hoffman, the former Executive Chairman and co-founder of LinkedIn, as well as a venture capitalist and author, turns 54 today. HOFFMAN: I could go on pointing to startup scenes around the world, which might plausibly become the next Silicon Valley – New York, Chicago, London, Berlin. In Silicon Valley, Hoffman founded two more venture-backed startups, in the areas of games and entertainment, and worked as Mobile Studio Head for Infospace, with such hit mobile games as Tetris, Wheel of Fortune, Tomb Raider, Thief, Hitman, Skee-Ball, and X-Files. While in Hollywood, Hoffman worked as a TV development executive at Fries Entertainment, known for producing over a hundred TV shows (acquired by MGM). [20] The site allows registered users to create professional profiles and connect with each other. When asked about marketing’s role in building business, Hoffman said “Silicon Valley is not particularly good at marketing.” However, he … [14] He went on to earn an M.St. Hoffman was awarded the 2012 David Packard Medal of Achievement Award by TechAmerica for his contributions and advances within the high-tech industry, his community, and humankind. in Philosophy from Wolfson College, Oxford in 1993 as a Marshall Scholar. He also said leading a balanced life as a startup founder is far more nuanced in Silicon Valley. [67] The couple resides in Palo Alto, California. Your Email Directors. The best startup advice from Silicon Valley and beyond. With the IPO of LinkedIn on May 19, 2011, Hoffman owns a stake worth an estimated $2.34 billion, not including any potential benefits from Greylock Partners, where he was named a partner in 2009. Hoffman believes that many people still do not know how to use its service and it is LinkedIn's job to help them out. The best startup advice from Silicon Valley and beyond. Silicon Valley is hard at work to improve an otherwise dismal historical performance on diversity, says very well-connected LinkedIn co … It was a social network 7 or 8 years before that became a trend."[17]. The Silicon Valley Podcast. Hoffman invested alongside Thiel in Facebook's first financing round. It's about holding up a lens to society and asking 'who are we?' In these places, Weiner asks, “What was in the air, and can we bottle it?” “Fun and thought provoking” (Miami Herald), The Geography of Genius reevaluates the importance of culture in nurturing creativity and “offers a practical ... Blitzscaling: The Lightning-Fast Path to Building Massively Valuable Companies (2018) by Reid Hoffman and Chris Yeh explains how start-up businesses can quickly expand into global corporations with industry-altering products and services. [20] Peter Thiel and Keith Rabois, colleagues of Hoffman's at PayPal, invested in LinkedIn. Episodes so far feature guests such as Ray Dalio, Brian Chesky, Tory Burch, John Elkann, Stacy Brown-Philpot, Sheryl Sandberg, Stewart Butterfield, Mark Zuckerberg, Shellye Archambeau, Diane Greene and Robert F. Smith (investor). “We do not have any updates to the land border policies at this point. [69] Hoffman is one of the financial backers of OpenAI, a non-profit company aimed at the safe development of artificial general intelligence. Founders Space was ranked the #1 incubator for overseas startups by Forbes and Entrepreneur Magazines. • Entrepreneurship Reid Hoffman Is Silicon Valley's Newest Billionaire By Robert Frank. [44][45] Business Insider republished visual summaries of The Start-Up of You, which have received over 13 million views. Hoffman went on to launch Founders Space, with the mission to educate and accelerate entrepreneurs. "What first mover means is … After the PayPal sale to eBay, Hoffman became one of Silicon Valley's most prolific and successful angel investors. "[17] In 2010 Hoffman joined Greylock Partners and runs their $20 million Discovery Fund. On the Forbes 2021 list of the world's billionaires, Hoffman was ranked #1580 with a net worth of US$2.4 billion. On this occasion, we bring a few interesting, yet less known, aspects of his life. Hoffman believes that the rapid development of China’s entire entrepreneurship and investment ecosystem makes it the only place in the world similar to Silicon Valley. Iconic CEOs — from Nike to Netflix, Starbucks to Slack — share the stories and strategies that helped them grow from startups into global brands. [52] The book was released in the United States on October 9, 2018. Silicon Valley is hard at work to improve an otherwise dismal historical performance on diversity, says very well-connected LinkedIn co-founder and Greylock Partners partner Reid Hoffman. Silicon Valley has become a global leader in innovation, technology, and new industry creation. Scott starts by listing six examples of Silicon Valley companies that are … Was that right.One of the most successful investors and entrepreneurs in Silicon Valley is Reid Hoffman. Jessica Green, co-founder and CTO of Phylagen, and Joshua Hoffman, CEO of Zymergen explore the difference between startup and corporate decision-making. According to venture capitalist David Sze, Hoffman "is arguably the most successful angel investor in the past decade." These include “Make Elephants Fly” (published by Hachette), “Surviving a Startup” (published by HarperCollins), and “The Five Forces” (published by BenBella). It argues that the secret to starting and scaling massively valuable companies is “blitzscaling”, a set of techniques for “scaling up at a dizzying pace that blows competitors out of the water.”[53], Blitzscaling isn't simply a matter of rapid growth. Innovation Leadership: Self-Managed Teams, Perfecting Your Pitch: The Art of Selling, Robotics, IoT, Blockchain & The Future of Industry, Silicon Valley and the Future of Hollywood, Technology of Tomorrow: CRISPR, NanoTech, Life on Mars, MindTech & Smart Cities. He’s also an angel investor, limited partner at August Capital, serial entrepreneur, and author of “Make Elephants Fly”, the award-winning book on radical innovation. Defining communications broadly to include digital, content marketing, thought leadership as well as traditional PR, The Hoffman Agency knows how to differentiate brands and deliver air cover for sales. Hoffman has spoken at the XPrize Foundation's conference, the TED conference in Long Beach in 2012, and Fast Forward's Accelerate Good Global in 2020. "[15], With that in mind, Hoffman pursued a career in business and entrepreneurship. He is a frequent lecturer at Stanford University, Oxford University, Harvard University, MIT's Media Lab MIT Media Lab, and others. Entrepreneurs come for his money, attention, but most of all, his advice. Captain Hoff hosts two Founders Space Podcasts: Startup Supercharge and Mentors & Masters, Connect on Facebook, Instagram, LinkedIn, YouTube & Twitter. But he is working on it. ... Jewish Silicon Valley 14855 Oka Road, Los Gatos, CA 95032 408.358.3636 [email protected] Nonprofit tax ID number 94-2222989. Found insideHow did all this come about? In Transaction Man, Nicholas Lemann explains the United States’—and the world’s—great transformation by examining three remarkable individuals who epitomized and helped create their eras. Reid Hoffman One of the metaphors that I use for start-ups is, you throw yourself off a cliff and assemble your airplane on the way down. Yet growth alone is not blitzscaling. They are still using the same antiquated techniques pioneered decades ago. This is why some of the biggest corporations in the world manage to lose entire markets to startups they've never heard of. It’s been 3 1/2 years since cellist Gary Hoffman performed Dmitri Shostakovich’s harrowing Cello Concerto No. An insider's history of the online social network traces the collaborations and conflicts among its founders, the personalities that shaped its development, and the ways in which the site has become an integral part of contemporary culture. Further, it argues why managers should encourage their employees to gather "network intelligence" and why companies and managers should maintain a lifelong relationship with former employees via a corporate alumni network. Steve Hoffman. Found insideLeading experts and practitioners such as Clayton Christensen, Marc Andreessen, and Reid Hoffman provide the insights and advice that will inspire you to: Understand what makes entrepreneurial leaders tick Know what matters in a great ... In a place where the currency of the land is connections – Auren is near the t… How did they achieve such tremendous growth? The main secret of this success can be summed up in one word: blitzscaling. *Buy now the summary of this book for the modest price of a cup of coffee! Hoffman describes himself as a passionate gamer as a child, just like the other children, his day started with playing Dungeons and Dragons. "[17] Hoffman was responsible for all external relationships for PayPal, including payments infrastructure (Visa, Mastercard, ACH, WellsFargo), business development (eBay, Intuit, and others), government (regulatory, judicial), and legal. Hoffman and Pincus like Joby's technology. Phone No. The best startup advice from Silicon Valley and beyond. The first deal one of their blank-check companies announced was with air taxi company Joby Aviation. The dynamic between Democrats and LinkedIn co-founder Reid Hoffman reflects the party’s uneasiness with Silicon Valley, which is set to build as the party navigates the 2020 race to defeat Trump. Post was not sent - check your email addresses! "When I graduated from Stanford my plan was to become a professor and public intellectual. Organisation Launched in Silicon Valley with a heritage in … Hoffman is co-author, with Chris Yeh, of the book Blitzscaling: The Lightning-Fast Path to Building Massively Valuable Companies. "[18][19] At the time of PayPal's acquisition by eBay for $1.5B in 2002, he was executive vice president of PayPal. Where are we headed in 20 years? Silicon Valley tends to be very myopic - to be focused on one or two things - which has some strengths as well as weaknesses. Founders Space has become one of the top startup accelerators in the world. Silicon Valley VCs at big-name firms like Sequoia Capital, Norwest Venture Partners, First Round Capital, and General Catalyst, rallied around Hoffman’s vision. Across all of these break-out companies, a set of common patterns has evolved into a repeatable playbook that Gil has codified in High Growth Handbook. Steve Hoffman went on to launch Founders Space, with the mission to educate and accelerate entrepreneurs. Users can invite anyone (whether a site user or not) to become a connection. Hoffman and Yeh argue that in today’s world, it’s essential to “achieve massive scale at incredible speed” in order to seize the ground before competitors do. Hoffman was founder and Chairman of the Producers Guild Silicon Valley Chapter, served on the Board of Governors of the New Media Council, and was a founding member of the Academy of Television’s Interactive Media Group. Hoffman co-founded LinkedIn in December 2002 with two former colleagues from SocialNet (including Allen Blue), a former college classmate and a former colleague from his time at Fujitsu. He was the first and only child of two Lawyers, Deanna and William Hoffman. Reid Hoffman has been called "the most connected man in Silicon Valley," the "über-investor" who "has had a hand in creating nearly every lucrative social media start-up." Yes, Hoffman is big, in all senses of the word. Every company is obsessed with growth. Contact us if you would like to engage Steven Hoffman to speak at your next event. On Wednesday 17th January, we were joined by iconic Silicon Valley entrepreneur Reid Hoffman, co-founder of LinkedIn and EF Board member. Past investments include 3DSolve, Coupons.com, Digg, Edmodo, Flickr, IronPort, Knewton, Kongregate, Last.fm, Nanosolar, One Kings Lane, Permuto, Ping.fm, Shopkick, SixApart, thesixtyone, Swipely, Tagged, Technetto, TrialPay, Vendio, VigLink, Viki, Wikia, and Wrapp. Jessica Green, co-founder and CTO of Phylagen, discusses the advantages of a diverse workforce. In any industry, you live and die by the numbers—user acquisition, margins, growth rate, and so on. The dynamic between Democrats and LinkedIn co-founder Reid Hoffman reflects the party’s uneasiness with Silicon Valley, which is set to build as the party navigates the 2020 race to defeat Trump. Take Mark Hoffman, David Peterschmidt and Mitchell Kertzman. The HBO comedy is ending its run after six seasons on the premium cable network with a final set of seven episodes, set to bow later this year. In Surviving a Startup, Steve Hoffman, the CEO of Founders Space, brings readers on a wild ride, sharing with them the tumultuous journey of launching a venture-funded startup and revealing what it takes to make it.