April 16, 2020

How Reid Hoffman & James Currier See the Path Ahead for Founders during The Great Reset

33 minutes

In this episode, James Currier, Reid Hoffman, and Kristin O'Brien discuss decision-making strategies during layoffs, unlearning and adapting in crises, and post-crisis financing strategies. They also explore changes in human behavior due to the pandemic, startup opportunities in a changing landscape, and the future of work. The role of cultural entrepreneurship and Silicon Valley's pandemic response are also discussed.

Today Reid Hoffman & James Currier discuss the path ahead for Founders in a post-COVID world. What you need to learn and unlearn to get your company through a crisis, frameworks for the tough decisions Founders are facing today and the way they see the world changing forever - opening new opportunities for savvy founders. Reid is the co-Founder and was the executive chairman of LinkedIn, and is now a partner at Greylock.

In this episode, we discuss:
- How to be human first
- The VC landscape post-COVID
- How to make decisions around risk
- The mental patterns Founders should unlearn
- Founders & frugality
- Silicon Valley's involvement in COVID-19
- Zero-sum thinking

Be on the lookout for new episodes on The NFX Podcast and read more NFX content at - www.nfx.com/essays

(0:00) Introduction with Kristin O'Brien, James Currier, and Reid Hoffman

(3:47) Decision-making and transition strategies during layoffs

(6:43) Unlearning, learning, and adapting in a crisis

(9:16) Financing strategies during and post-crisis

(14:00) Changes in human behavior and work due to the pandemic

(17:04) Opportunities for startup founders in a changing landscape

(20:25) Potential impact areas for startups in the coming years

(23:09) The role of cultural entrepreneurship and Silicon Valley in pandemic response

(29:38) The future of work, job adaptability, and VC term sheet renegotiations

(32:23) Reid Hoffman's current investment focus and closing remarks

...more