Reid Hoffman

MARCH 19, 2019

And from a financial perspective, any investor would be better off buying stock in Amazon than buying and share of a corner bookshop; if you invested $100 in Amazon’s 1997 initial public offering (IPO), those shares would have been worth about $120,000 in 2018. It’s a great business. It still serves just 60 customers per day.

Cofounder 28

Cofounder Business Model IPO Non-Compete 28

Both Sides of the Table

MAY 23, 2012

In 1997, the year the Kauffman Report begins its analysis; there were 70 million users online globally. billion, with 275 million in North America alone (source: Internet World Stats) and an astounding global penetration of 33% of the world’s population. There are 20x more consumers online. Bottom of the sales funnel.

Venture Capital 347

Venture Capital Technical Review LP Mobile 347

Reid Hoffman

JANUARY 19, 2021

For example, in 1997, I had not realized that you need to invent and reinvent your go to market strategy together with your product idea. When I was starting LinkedIn, I had an early board member who asserted to me with great vigor and certainty that the business model of LinkedIn would be advertising.

Startup 36

Startup Cofounder Advertising Hiring 36