Published On: Tue, Sep 15th, 2015

Linkedin co-founder Reid Hoffman says the secret of Silicon Valley success is not the startup. It’s the scale-up.

 

Reid Hoffman LinkedIn co-founder and investor at Greylock Partners

 

Over the past 20 or 30 years, he explains, the rest of the world has realized the value of the Silicon Valley-style startup. “We’ve beaten the drum very well—and a lot of people have heard—that it’s good to build a small team that is willing to take a bold risk, to assemble some knowledge and some capital and really take a run at it.” What the rest of the world has yet to grasp, he says, is that success—true success—requires something else. In a modern market accelerated by the long reach of the internet, once you have something that people want, you also need the means and the wherewithal to expand your operation at ridiculously fast speeds.

Read the full story at wired by Cade Metz 

Read more about: , ,

About the Author

Wordpress site Developed by Fixing WordPress Problems