Hoffman describes 3 key lessons he learned at his first company, SocialNet:

1) Financing strategy should reflect one's financial capabilities.

2) Focusing on distribution is important.

3) Understanding that the entrepreneurial skill set is different from what is required to work for an established big company.

1. Entrepreneurship: A High-Risk Investment
2. Fundamental Principles of Entrepreneurship
3. 3 Key Lessons for an Entrepreneurial Internet Company
4. Facing Competition Through Innovation
5. Core Ideas for a Social Networking Company
6. Comparison between an Entrepreneur & a General Manager

Lecture by Chairman and President of LinkedIn Reid Hoffman on Risk and Entrepreneurship for Stanford University students. Video lectures were taken on February 7, 2007. Hoffman believes that out of three kinds of investment strategies, sure bets, low-risk management and high risk investments, entrepreneurship is the third kind. This style of investment is called accurate contrarian theories where raising sufficient money might help in mitigating risks, but does not ensure success.



Course Details: 

- Entrepreneurial Thought Leaders Lecture

- Stanford University's Entrepreneurship Corner (ecorner)



Original Course Name: Entrepreneurial Thought Leaders Lecture.