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reid hoffman on evolving product-market fit and sizing up talent


shripriya maheshcontributorshripriya mahesh is a partner at omidyar network. more posts by this contributor: in our new episode of the founder’s corner podcast, i spoke with my longtime friend and former colleague reid hoffman––the renowned entrepreneur and investor who co-founded linkedin and today serves as partner at greylock, advising a plethora of tech giants on everything from product strategy to hiring to trends in emerging technology. hoffman offers a brief master class for startup leaders on management and strategy.hoffman shares his insights on:product-market fit, including how to find and maintain itidentifying kpis during the early stage of a startuphow to orient to your company’s north starhow he judges talent and nurtures and manages employeeslessons from leveraging go-to-mar






ben casnocha and erik torenberg are raising a $50m investment fund


a member of the founding team of product hunt and a linkedin veteran are teaming up to invest in early-stage startups. sources tell us that erik torenberg, who was employee no. 1 at product hunt, and ben casnocha, who served as chief of staff and co-author to linkedin’s reid hoffman, are raising $50 million for a new investment vehicle.over the past several years, torenberg has established himself as one of the best-connected entrepreneurs and networkers in silicon valley. he first hit the scene with his startup rapt.fm, which he launched as a platform to enable live rap battles.torenberg then spent some time as an associate for nas’ queensbridge venture partners before joining product hunt in early 2014. he left that gig last summer and has spent his time since advising and investing in s






‘great bumper sticker — it won’t give you healthcare’


republicans are big fans of the free market, but joy reid was merciless in her cross-examination of heritage foundation staffer tommy binion attempting to claim the free market fixes all. “i think the markets would respond the way we expect a free market to respond,” binion began. “we know that free markets bring competition between firms when they’re competing for your business, they’re going to offer a better product at a lower price. part of the reasons premiums have gone up so high is because of obamacare. i expect premiums to get a lot cheaper if obamacare were to be repealed.”that’s when reid pounced. “if there was a robust market to insure the people who were added to the insurance rolls under the medicaid expansion, these are basically the working poor, people at 125 percent of the






‘great bumper sticker — it won’t give you healthcare’


republicans are big fans of the free market, but joy reid was merciless in her cross-examination of heritage foundation staffer tommy binion attempting to claim the free market fixes all. “i think the markets would respond the way we expect a free market to respond,” binion began. “we know that free markets bring competition between firms when they’re competing for your business, they’re going to offer a better product at a lower price. part of the reasons premiums have gone up so high is because of obamacare. i expect premiums to get a lot cheaper if obamacare were to be repealed.”that’s when reid pounced. “if there was a robust market to insure the people who were added to the insurance rolls under the medicaid expansion, these are basically the working poor, people at 125 percent of the






‘great bumper sticker — it won’t give you healthcare’


republicans are big fans of the free market, but joy reid was merciless in her cross-examination of heritage foundation staffer tommy binion attempting to claim the free market fixes all.“i think the markets would respond the way we expect a free market to respond,” binion began. “we know that free markets bring competition between firms when they’re competing for your business, they’re going to offer a better product at a lower price. part of the reasons premiums have gone up so high is because of obamacare. i expect premiums to get a lot cheaper if obamacare were to be repealed.”that’s when reid pounced.“if there was a robust market to insure the people who were added to the insurance rolls under the medicaid expansion, these are basically the working poor, people at 125 percent of the p






linkedin co-founder reid hoffman joins microsoft’s board


linkedin co-founder reid hoffman announced today that he’s joined the board of directors at microsoft.this follows microsoft’s $26.2 billion acquisition of linkedin last year. when the deal closed, linkedin ceo jeff weiner said the company’s day-to-day operations would “essentially remain unchanged,” but he also noted a number of areas (like integrating linkedin into microsoft outlook and office products) where the two organizations would work together.in a linkedin post, hoffman said his primary job is still as a partner at greylock, but he’s “maintained an office next to jeff weiner’s at linkedin for the last nine years” — so he’s remained very involved. (officially, he was chairman of the linkedin board.)russia says 'nyet,' continues linkedin block after it refuses to store data in russ






reid hoffman, bill gates, sam altman invest $30 million in change.org


linkedin co-founder reid hoffman announced today that he’s making a big bet on change.org, the site for social justice petitions. hoffman is leading a $30 million round, with other investors including big names like bill gates and y combinator president sam altman.“change.org, the global hub for collective action, is a crucial democratizing force in this era of growing civic participation,” wrote reid hoffman on linkedin. “it helps enable a world where you don’t need to hire a lobbyist to have real impact on the issues and policies that matter to you.”the organization was founded in 2007 by ceo ben rattray. since then, almost 200 million people around the world have used the site to raise awareness for a range of causes including human rights, the environment, education and health issues.r






reid hoffman, bill gates, sam altman invest $30 million in change.org


linkedin co-founder reid hoffman announced today that he’s making a big bet on change.org, the site for social justice petitions. hoffman is leading a $30 million round, with other investors including big names like bill gates and y combinator president sam altman.“change.org, the global hub for collective action, is a crucial democratizing force in this era of growing civic participation,” wrote reid hoffman on linkedin. “it helps enable a world where you don’t need to hire a lobbyist to have real impact on the issues and policies that matter to you.”the organization was founded in 2007 by ceo ben rattray. since then, almost 200 million people around the world have used the site to raise awareness for a range of causes including human rights, the environment, education and health issues.r






linkedin co-founder says merger with microsoft was ‘natural fit’


reid hoffman spoke in seattle on friday at the technology alliance’s state of technology luncheon.microsoft and linkedin didn’t originally intend to merge, linkedin co-founder reid hoffman recalled friday. the two companies were just exploring ways they could possibly form partnerships.but over time, he told an audience of hundreds at a technology alliance lunch, it became clear that it made sense for the companies to become one.“there’s this natural alignment,” hoffman said. “because (linkedin is) focused on career and the productivity of individuals, and microsoft is focused on the productivity of organizations.”microsoft bought mountain view, california-based linkedin for $27 billion in a deal that closed in december, adding a strong professional networking component to the software com






change.org’s latest round was actually a recap


a few weeks ago we reported on linkedin co-founder reid hoffman’s investment in social justice petitions site change.org.since then a few people with direct knowledge of the situation have told us that the funding round was actually a recap at a significantly lower valuation. in other words, there was a dramatic change to the ownership structure and most existing investors now own very little.it’s looking like hoffman will have either majority ownership of the company, or close to it.  other big names like bill gates and sam altman recently contributed capital, but we’re told their ownership is inconsequential.with the new structure, hoffman should have enough power to block a sale, as will some of the other investors. they’re turning change.org into a public benefit corporation, which mak






microsoft adds linkedin co-founder hoffman to its board


microsoft has added linkedin co-founder reid hoffman to its board of directors.as of hoffman's appointment, announced march 14, microsoft's board is back up to 12 members.hoffman is a partner with greylock partners. he cofounded linkedin in 2002 and before that, was an executive vice president at paypal.microsoft purchased linkedin last year for $26.2 billion. earlier this year, microsoft made kevin scott, linkedin's head of engineering, microsoft's own chief technology officer.microsoft and linkedin are currently working on a variety of product and service integrations. microsoft is looking to take advantage of linkedin's professional graph, or database, of various workplace-related entities.in addition to hoffman, microsoft's board of directors consists of john thompson, microsoft indepe






australians have so much debt they’re becoming afraid to spend


sydney—data analyst ben reid recently took out a 25-year loan on a home outside sydney despite a frothy housing market in australia, believing in the market’s staying power. payments on the $500,000 mortgage will consume about half his take-home pay.“i’d like a new car in the next couple of years but not sure where that cash will come from,” said mr. reid, who is married with a 2-year-old son.big personal debts and spending...






jeff hoffman pitches for permanence in rockies' rotation in dominating win at sa


san diego — jeff hoffman’s spring ended on the dusty side of a chain link fence. the rockies were playing a cactus league game 100 yards and one giant leap away from him, inside the glittering grounds of salt river fields in arizona. colorado’s top pitching prospect was consigned to patience.the tall right-hander with a hammer curve, the rockies determined, was not ready for the big leagues. hoffman disagreed. in his heart, hoffman is the pitcher who mowed down the padres on sunday for seven innings, allowing just three hits in the rockies’ 3-1 series-clinching victory at petco park. but in late march, he pitched the final game before the regular season against minor-leaguers. then he waited.“the best players are really able to critique their performance honestly and get better from it,” c






microsoft appoints linkedin co-founder reid hoffman to its board


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meditation app headspace hires a new chief business officer


one of the first times ross hoffman met headspace ceo rich pierson when talking about a role running the company’s business, pierson was not talking a lot about business. instead, he was peppering hoffman with questions about himself, telling stories about users, and talking about work ethos.the business questions came later, of course, but that kind of introduction and vetting for a company built around a meditation app might not be all that surprising. and headspace has now hired hoffman to be its first chief business officer. hoffman, who was most recently twitter’s vp of global content partnerships, is joining the company at the beginning of july.“what we spoke about was, revenue is important but not why headspace exists — and the job is balancing those two things to make sure we’re up






meditation app headspace hires a new chief business officer


one of the first times ross hoffman met headspace ceo rich pierson when talking about a role running the company’s business, pierson was not talking a lot about business. instead, he was peppering hoffman with questions about himself, telling stories about users, and talking about work ethos.the business questions came later, of course, but that kind of introduction and vetting for a company built around a meditation app might not be all that surprising. and headspace has now hired hoffman to be its first chief business officer. hoffman, who was most recently twitter’s vp of global content partnerships, is joining the company at the beginning of july.“what we spoke about was, revenue is important but not why headspace exists — and the job is balancing those two things to make sure we’re up






sears cuts 400 jobs, most of them at hoffman estates hq


sears holdings on tuesday said it would eliminate 400 full-time jobs, with most of the job cuts coming at its hoffman estates headquarters.while the majority of the eliminated positions are in hoffman estates, some are in sears' field offices. sears said it already eliminated open positions and reduced contract employees to lessen the impact of layoffs.the embattled retailer said the cuts announced tuesday, along with other actions taken since the beginning of its fiscal year, have allowed the company to remove almost $1 billion from its cost structure. it expects those cost savings to grow to $1.25 billion by the end of its fiscal year."we are making progress with the fundamental restructuring of our operations that we initiated in february," said edward lampert, chairman and ceo of sears






sears cuts 400 jobs, most of them at hoffman estates hq


sears holdings corp. on tuesday said it would eliminate 400 full-time jobs, with most of the job cuts coming at its hoffman estates headquarters.while the majority of the eliminated positions are in hoffman estates, some are in sears' field offices. sears said it already eliminated open positions and reduced contract employees to lessen the impact of layoffs.the embattled retailer said the cuts announced tuesday, along with other actions taken since the beginning of its fiscal year, have allowed the company to remove almost $1 billion from its cost structure. it expects those cost savings to grow to $1.25 billion by the end of its fiscal year."we are making progress with the fundamental restructuring of our operations that we initiated in february," said edward lampert, chairman and ceo of






mcgirt chipping away at hoffman lead


the wind started to pick up as the first golfers went out to start round two of the masters on friday.william mcgirt, who started the day four strokes back of charley hoffman, came out a little soft with a bogey on the first hole. but then birdies on two and four took him to four under, three shots back.hoffman, who had an unbelievable 65 on thursday, doesn't tee off until 10:01 a.m. edt. lee westwood, at two under, goes off at 10:12 a.m.there are eight golfers at one under.






andreessen: silicon valley is “extremely liberal”


outspoken venture capitalist marc andreessen took the stage at code conference on tuesday and reflected on the disconnect between the technology community and the rest of the united states. “silicon valley is extremely left wing, extremely liberal,” he said, claiming that the technology industry’s libertarian stereotype is largely inaccurate. he estimated that “99.99% of silicon valley last year voted for hillary clinton.” (10% of san francisco voters went with trump.)andreessen, who at one point tweeted “i’m with her,” criticized his community for turning a blind eye at the middle of the country.  “it’s really hard for a lot of people in silicon valley to even articulate the other side,” he said. andreessen was joined on stage by reid hoffman, co-founder of linkedin and a partner at greyl






andreessen: silicon valley is “extremely liberal”


outspoken venture capitalist marc andreessen took the stage at code conference on tuesday and reflected on the disconnect between the technology community and the rest of the united states. “silicon valley is extremely left wing, extremely liberal,” he said, claiming that the technology industry’s libertarian stereotype is largely inaccurate. he estimated that “99.99% of silicon valley last year voted for hillary clinton.” (10% of san francisco voters went with trump.)andreessen, who at one point tweeted “i’m with her,” criticized his community for turning a blind eye at the middle of the country.  “it’s really hard for a lot of people in silicon valley to even articulate the other side,” he said. andreessen was joined on stage by reid hoffman, co-founder of linkedin and a venture partner






andreessen: silicon valley is ‘extremely liberal’


outspoken venture capitalist marc andreessen took the stage at code conference on tuesday and reflected on the disconnect between the technology community and the rest of the united states. “silicon valley is extremely left-wing, extremely liberal,” he said, claiming that the technology industry’s libertarian stereotype is largely inaccurate. he estimated that “99.99 percent of silicon valley last year voted for hillary clinton.” (ten percent of san francisco voters went with trump.)andreessen, who at one point tweeted “i’m with her,” criticized his community for turning a blind eye at the middle of the country. “it’s really hard for a lot of people in silicon valley to even articulate the other side,” he said. andreessen was joined on stage by reid hoffman, co-founder of linkedin and a pa






jeff hoffman aiming for more than back spot in rockies rotation


scottsdale, ariz. — stories about competition for the fifth slot in a rotation are a staple of spring training, but in the case of rockies pitcher jeff hoffman, there is a much bigger picture, and much more at stake.hoffman was the key piece of the rockies’ july 2015 trade that sent star shortstop troy tulowitzki to the toronto blue jays. hoffman, a 24-year-old right-hander, was the ninth pick in the 2014 draft. he enters spring training battling right-hander german marquez, 21, to be the rockies’ fifth starter. hoffman, however, has long been projected to be a front-of-the-rotation workhorse.how close is he to fulfilling that lofty expectation?“i think right now, after this offseason, i’m well beyond the point where i was last season when i first got called up,”  hoffman said monday as ro






sergio garcia moves into tie with charley hoffman


charley hoffman's second-round spiral continued as he bogeyed the 10th hole after an errant tee shot left him to pitch out and finally land on the par four green in three. he missed a 38-foot putt for par and had to navigate a seven-foot comebacker to get the bogey.sergio garcia quietly moved to four under with a birdie on the ninth hole. it was his fourth birdie of the front nine, to go with one bogey.it was unlikely that hoffman was going to duplicate his opening round 65,but with a 38 on the front nine, he was in clear trouble.hoffman is through 10 holes and garcia through nine.william mcgirt is in the clubhouse with a one-over 73 and two under for the tournament.






jeff hoffman dominates phillies as rockies’ road show rolls on – the denver post


philadelphia — jeff hoffman‘s presumed role as a spot starter was to fly into philly from triple-a albuquerque, gobble up some innings and give the rockies a solid chance to win.instead, hoffman pitched like an ace in colorado’s 8-1 romp over the phillies on monday night at citizens bank park. now the ninth overall pick in the 2014 draft just might be knocking on the door to colorado’s starting rotation.the rookie right-hander, mixing his 93-94 mph fastball with an 82-83 mph slider, and unafraid to unleash his 77-78 mph curve in big moments, pitched seven innings of three-hit baseball. hoffman retired the first 11 batters he faced, allowed one run, struck out seven and didn’t walk a batter. he needed only 99 pitches, throwing 65 strikes.box score:rockies 8, phillies 1hoffman, 2-0 with a 3.






charley hoffman extends lead to two shots


charley hoffman made a nine-foot putt on the fourth hole for his second birdie of the day and a two-shot lead saturday at the masters.he also birdied the par-five second hole. hoffman is through four holes.rickie fowler and sergio garcia are at four under.william mcgirt, who bogeyed the sixth hole, and thomas pieters are another shot back at three under.jordan spieth and john rahm are at two under.






hoffman up by two, spieth tied for second


there was a two-shot swing on the ninth hole when charley  hoffman birdied and sergio garcia bogeyed.hoffman, who is now at six under, was able to sink a six-footer while garcia three putted from 39 feet. their group is through nine holes.tied with garcia at four under are jordan spieth, who birdied 13.thomas pieters and rickie fowler, both through 10, are at three under.justin rose, adam scott, william mcgirt and ryan moore are at two-under par.






talent joe download


download download the talent joe app makes it easy to connect with fans, talent, industry professionals, and celebrities. promote your talent or business, win contests, get discovered, evaluated, and even become a star. it all starts with your talent joe profile. it's more than just a showcase of your talent or business -- it shows the world who you are, your artistic work, and puts you together with others that could find or make you a star. if you're a fan; we have you covered too, but that's just the beginning:






hip-hop is a better place without l.a. reid


joe budden didn’t hold back his feelings agaisnt former epic executive l.a. reid as he shared his thoughts on the sexual harassment allegations that came to light towards the 60-year-old on complex’s everyday struggle.read epic executives reportedly knew of l.a. reid’s harassment allegationsbudden, who has worked with reid during his time at def jam, laid out the allegations on monday (may 15), as well as reid’s business dealings, calling him “an executive definition of a flop.” instead of looking at the successes of dj khaled and future on epic, budden questioned the rollout of french montana’s album mc4 and reid’s time at def jam.“i did a mental run down at the year at epic. i automatically went back to french [montana] and how his album was supposed to come out last summer and it was sh






charley hoffman blitzes the field with a 65, takes four-shot lead in the masters


the biggest shot on the first day of the masters might have been the one that was never taken.the most memorable shot — take your pick, there were plenty of them — was by a 40-year-old journeyman from san diego who seemed to be playing a different game on a different course.charley hoffman was meandering through the early part of thursday’s first round at augusta national golf club when the world’s no. 1 player, dustin johnson, was awarded a “did not start” designation after failing to recover from a freak fall wednesday.but something happened when hoffman approached the par-three sixth hole at one over par. he birdied from 19 feet. in fact, he birdied all four par threes, a sharp contrast to his nine over on those holes in his previous three appearances.“for lack of any better words, it w






charley hoffman shoots 65 and leads by four strokes


the biggest shot on the first day of the masters might have been the one that was never taken.the most memorable shot — take your pick, there were plenty of them — was by a 40-year-old journeyman from san diego who seemed to be playing a different game on a different course.charley hoffman was meandering through the early part of thursday's first round at augusta national golf club when the world's no. 1 player, dustin johnson, was awarded a "did not start" designation after failing to recover from a freak fall on wednesday.but something happened when hoffman approached the par-3 sixth hole at 1-over par. he birdied from 19 feet. in fact, he birdied all four par 3, a sharp contrast to his nine over on those holes in his previous three appearances."for lack of any better words, it was a dre






hoffman and garcia tied for the lead


sergio garcia gained a stroke and charley hoffman lost one. and, suddenly there was a tie at the top in the second round of the masters.garcia made a 38-footer putt on the fifth hole to go to five under par. hoffman missed an eight footer to drop a shot on six.rickie fowler is one shot back at four under.making a move is jordan spieth, who is three under for the day and the same for the tournament. he has played nine holes. he's tied with william mcgirt and thomas pieters.adam scott, jon rahm and fred couples are at two under.






hoffman leads but spieth is one shot back


after a bad tee shot, jordan spieth recovered and put his third-shot approach on the 15th hole within tap-in range to go to five under after 15 holes. that put him one shot in back of charley hoffman.hoffman parred the first two holes on the back nine.ryan moore moved up to four under with birdies on 11 and 13. he's tied with sergio garcia, who is playing even par on the round.justin rose, adam scott and rickie fowler are at three under.charl schwartzel, jon rahm, fred couples and william mcgirt are at two under.






hoffman up by one over garcia, spieth is two back


charley hoffman laid up on the 13th hole, put the approach to eight feet and made the putt for birdie. it gave him a one-shot lead over playing partner sergio garcia as the third round of the masters headed for completion.hoffman is seven under par.it's quite an amazing leaderboard.three shots back were jordan spieth, justin rose and rickie fowler. spieth is through 17 holes, rose through 16 and fowler 14.adam scott and ryan moore are at three under.






dustin hoffman: 'i try to improve each day, but you don't'


cannes, france — afternoon mediterranean light pours into an open doorway where dustin hoffman sits, grinning.he will turn 80 this summer and his hair, still full, is mostly white. but he looks remarkably good. age has done little to dim his eagerness for engagement, his mischievous wit or, it turns out, his proclivity for continual self-examination.in noah baumbach's "the meyerowitz stories (new and selected)," which is competing for the palme d'or at the cannes film festival, he plays a mostly forgotten abstract artist whose failed ambitions and self-obsession have instilled deep neuroses into his children (adam sandler, ben stiller, elizabeth marvel). hoffman, a two-time oscar winner, might seem to have little in common with harold meyerowitz, but he disagrees."feeling like a failure, i






49ers eric reid resumes anthem protest


minneapolis — safety eric reid, who took a knee with colin kaepernick during last season’s national anthem protests, resumed that position before the 49ers exhibition sunday night against the host vikings.reid nor any other 49ers knelt during the previous two exhibitions.although kaepernick is no longer on the 49ers, reid maintains frequent contact with him, and he tipped off his former teammate about his plan to again protest, sparked by this month’s incidents in charlottesville, virginia.for complete 49ers coverage follow us on flipboard.reid knelt in the middle of the 49ers sideline while the rest of his teammates stood during sunday’s anthem. wide receiver marquise goodwin stood and placed his hand on reid’s right shoulder, as did a couple other teammates, one of which was believed to






phillies and pirates prospects, 2017 fantasy baseball podcast


get yourself a cheesesteak, a roast pork sandwich, a primanti bros. sandwich, and a yuengling cause we’re going full pennsylvania in this bee-yatch! we’re bringing you a jam packed double episode with the phillies and pirates. pow! we talk austin meadows, josh bell, j.p. crawford, mickey moniak. debate dylan cozens name pronunciation and potential ceiling. we play everyone’s favorite game hoskins or joseph.  my daughter stops by with her talking pig, and just a whole host of other madness. how much fun can you have on a single episode? who knows, but we push the limits. ralph and halp, this time with 3 times more disagreements! just like facebook only your aunt isn’t calling your younger brother “snowflake”. it’s the latest episode of the razzball prospect podcast!http://www.blogtalkradio.