![]() We Study Billionaires and this is Episode 125 of The Investor’s Podcast. We strive to be as accurate as possible, but minor errors and slightly off timestamps may be present due to platform differences. ![]() If you would like to read our five-page executive summary of The Start-Up of You, be sure to follow this hyperlinkĭisclaimer: The transcript that follows has been generated using artificial intelligence. The author places much emphasis on the power of 2nd tier connection and how these people can be leveraged to gain access to almost anyone in the world. In the past, a person might be confined to only a few connections within their local network, but with the advent of the internet, things are drastically different. The book is focused on the importance of networking and how important accessible contacts are. Hoffman’s book, The Start-Up of You, suggests that people should treat themselves as individual businesses. Beyond those legendary decisions, Hoffman has invested in Airbnb,, Xapo, Flickr, Digg,, and numerous other major online companies. For example, Hoffman was one of the first investors in Facebook when the company was going through its first rounds of financing. ![]() Since that time he has gone on to be one of the most prolific venture capitalists in California. Hoffman got his start as the COO of Paypal in 2000. His current net worth is nearly three billion dollars, and he has started and grown numerous successful businesses. Hoffman is a famous Silicon Valley billionaire who co-founded LinkedIn. In this week’s episode, Preston and Stig discuss what they learned from reading Reid Hoffman’s book, The Start-up of You.
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