Reid Hoffman on early-stage KPIs, product-market fit, and evaluating talent
Renowned Silicon Valley entrepreneur and investor Reid Hoffman joins the Founder’s Corner podcast for a lively conversation on management, product strategy, and hard lessons he learned early in his career.
Reid sat down with Omidyar Network partner Shripriya Mahesh for a chat recorded live during our recent Product Leader Summit with an audience of founders, entrepreneurs, and product leaders from startups across the country.
Listen in to hear Reid’s insights on evolving product-market fit, motivating employees, and product launch missteps. In today’s episode, you’ll hear thoughtful, in-depth advice from one of today’s tech luminaries.
How to find product-market fit and maintain it
How to identify the best measures to build KPIs during early stage
How to orient your company toward its North Star (your focal point)
Reid’s structure for evaluating talent and nurturing employees
Hard-earned lessons leveraging go-to-market strategy alongside product development
An accomplished entrepreneur and executive, Reid has played an integral role in building many of today’s leading consumer technology businesses, including LinkedIn and PayPal. Reid co-founded LinkedIn, the world’s largest professional networking service, in 2003 and led it to profitability while serving as chief executive officer for the company’s first four years.
Prior to LinkedIn, Reid was executive vice president at PayPal, where he was also a founding board member. Reid currently serves on the boards of Airbnb, Convoy, Edmodo, Gixo, Microsoft, Xapo, and a few early-stage companies still in stealth as well as the boards for a number of non-profits, including Kiva, Endeavor, and Do Something. Reid is a partner at Greylock and sits on the boards of companies including Airbnb, Convoy, and Microsoft.
Prior to joining Greylock, he angel-invested in many influential internet companies, including Facebook, Flickr, Last.fm, and Zynga. Reid is the coauthor of two New York Times best-selling books: The Start-Up of You and The Alliance. His next book is focused on “blitzscaling,” based on his Stanford course of the same name.
Subscribe to Founder’s Corner on iTunes, SoundCloud, or Overcast, and learn more about Reid Hoffman here. Join the conversation with Shripriya Mahesh and Reid Hoffman on Twitter at @OmidyarNetwork (#ONFoundersCorner).
Omidyar Network’s Emerging Tech team invests in early-stage startups that aim to build great for-profit businesses that can change the world and achieve positive societal benefits at scale.