IN THIS EPISODE, YOU’LL LEARN:

• What is the secret to the success of Silicon Valley?
• How to manage a company that is growing at 2.5% – per day.
• How to use your network to find new job opportunities.
• Why financing and distribution is just as important as the product you are selling.
• Ask The Investor’s Podcast: How do I value fast growing unlisted companies?

TRANSCRIPT

Disclaimer: The transcript that follows has been generated using artificial intelligence. We strive to be as accurate as possible, but minor errors and slightly off timestamps may be present due to platform differences.

Preston Pysh  0:02  

On today’s show, we cover Silicon Valley billionaire Reid Hoffman. Hoffman established his fame in the Valley by being the CEO of PayPal and working alongside people like Elon Musk and Peter Thiel. 

After PayPal, Hoffman went on to found LinkedIn in 2002, with two former colleagues of a failed startup he attempted before PayPal called Social Net. Through the years, Hoffman has invested in some of the most promising companies like Airbnb, Blockstream, coupons.com, and many others. 

During our show, we’re going to be covering some really interesting points about business and how Hoffman was so successful in building startup companies that have been turned into multi-billion dollar enterprises. Let’s get started.

Intro  0:45  

You are listening to The Investor’s Podcast, where we study the financial markets and read the books that influenced self-made billionaires the most. We keep you informed and prepared for the unexpected.

Preston Pysh  1:06  

Hey everyone, welcome to the show. I’m your host Preston Pysh. As always, I’m accompanied by my co-host Stig Brodersen. Like we said in the introduction, we’re going to be covering billionaire Reid Hoffman today. Let’s go ahead and just jump right into the show. 

For the first question, we’re going to play when Reid was asked the question, “What is the secret to success in Silicon Valley?” This was how he responded.

HELP US OUT!

What do you love about our podcast? Here’s our guide on how you can leave a rating and review for the show. We always enjoy reading your comments and feedback!

BOOKS AND RESOURCES

• The Investor’s Podcast’s episode about Reid Hoffman’s book, The Start-up of you.
• Kai-Fu Lee’s book, AI Superpowers – Read reviews of this book.
• One of Steve Jobs’ favorite books, Inside the Tornado – Read reviews of this book.
• John Carreyrou’s book, Bad Blood – Read reviews of this book.

NEW TO THE SHOW?

• Check out our We Study Billionaires Starter Packs.
• Browse through all our episodes (complete with transcripts) here.
• Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool.
• Enjoy exclusive perks from our favorite Apps and Services.

P.S The Investor’s Podcast Network is excited to launch a subreddit devoted to our fans in discussing financial markets, stock picks, questions for our hosts, and much more! Join our subreddit r/TheInvestorsPodcast today!

SPONSORS:

• Download your free audio book at Audible.
• Find the best job candidate at Ziprecruiter.
• Refinance your student loan with First Republic.
• Move your business to the cloud with Netsuite.
• Make your business travels easy with Clear.
• Access a world of knowledge with The Great Courses Plus.
• Build wealth through real estate with Roofstock.
• Home security done right with SimpliSafe.
• Solve your long list of must-reads once and for all with Blinkist.
• Stop wondering and start saving with ME Bank.

Disclosure: The Investor’s Podcast Network is an Amazon Associate. We may earn commission from qualifying purchases made through our affiliate links.

CONNECT WITH STIG

CONNECT WITH PRESTON

PROMOTIONS

Check out our latest offer for all TIP listeners!