Hoffman: Re-founders invest for 3 to 10 years out, not quarterly numbers
Reid Hoffman · Reid Hoffman & Jeff Berman on why the future needs re-founders | Masters of Scale · Apr 28, 2024 · at 13:18
Reid Hoffman, co-founder of LinkedIn and partner at Greylock, discusses executive leadership succession and what defines a 're-founder' CEO with co-host Jeff Berman.
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“Part of what you're doing as a CEO is you're saying, I'm investing in things now that will pay, that will start bearing fruit three to 10 years from now. You're lucky as a CEO if you get to do one of them. That's part of how you can tell like a re-founder, because a re-founder is doing that. It's like, it's not just, oh, what are we doing for the, for this quarter's numbers or this year's numbers? But it's the things that we're investing in such that the, whoever the CEO is five, 10 years from now, we were investing in that future company, because you're thinking about what is that company look like as an ongoing institution in the world.”
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