How do companies grow from zero to a gazillion? Legendary Silicon Valley entrepreneur turned investor Reid Hoffman tests his theories with famous founders. Hoffman was a co-founder at LinkedIn and today is a partner at Silicon Valley venture capital firm Greylock Partners, an early investor in companies like Facebook, Workday, Airbnb, Cloudera, Dropbox, Pandora, and Instagram.
Last month, Reid sat down with Mark Zuckerberg to discuss the origin of his famous mantra “move fast and break things.” If you’re Steve Jobs, you can wait for your product to be perfect. But there are almost no Steve Jobs’ in the world. For the rest of us, if you’re not embarrassed by your first product release, you’ve released it too late. Imperfect is perfect. Why? Because your assumptions about what people want are never actually right. Most entreprenerus create great productions through a tight feedback loop with real customers using a real product. So don’t fear imperfections: they won’t make or break your company. What will make or break you is speed. And no one knows this better than Mark Zuckerberg, who evolved Facebook from a small student project to a tech giant faster than the speed of light.