What does Reid Hoffman mean when he talks about risk?

Follow Julien’s journey building his next startup with the help of Chris, author of Blitzscaling. We apply an approach which is the opposite of what you’ll hear from Y Combinator. The approach we apply is the PayPal mafia approach. It’s the approach of Reid Hoffman who after PayPal founded LinkedIn and was the first investor in Airbnb. It’s the approach of Peter Thiel who after PayPal founded Palantir and was the first investor in Facebook. It’s the approach of the people who win over and over again. What’s the Blitzscaling approach? It’s about being thoughtful and deliberate. Having deep insight instead of just hustling. Reid calls it “contrarian and right”. Peter says “startups are built on secrets.” It’s about getting more done than everyone else and moving faster than everyone else, but doing that in a manner which is comfortable and looks easy. Or as Chris says “be quick but don’t hurry” Subscribe if you want to understand the actual way to win. Share with one of your friends who is launching a startup!