He served as executive vice president at PayPal, where he was a founding board member. He leads the Greylock Discovery Fund, which invests in seed-stage entrepreneurs and companies the fund is an extension of his prior angel investing, which included Facebook, Flickr, Last.fm, and Zynga. He serves on the boards of Airbnb, Convoy, Edmodo, and Microsoft, in addition to some as yet unannounced startups.

He co-founded LinkedIn in 2003 in his living room it now has more than 500 million members in 200 countries and territories around the world. Reid Hoffman is a partner at Greylock Partners. Readers will learn how to design business models that support lightning-fast growth, navigate necessary shifts in strategy at each level of scale, and weather the management challenges that arise as their company grows. It prioritizes speed over efficiency in an environment of uncertainty, and allows a company to go from 'startup' to 'scaleup' at a furious pace that captures the market.ĭrawing on their experiences scaling startups into billion-dollar businesses, Hoffman and Yeh offer a framework for blitzscaling that can be replicated in any region or industry. īlitzscaling is a specific set of practices for igniting and managing dizzying growth an accelerated path to the stage in a startup's life-cycle where the most value is created.

Rather, it's that they have learned how to blitzscale. Indeed, Silicon Valley is home to a disproportionate number of companies that have grown from garage startups into global giants.īut what is the secret to these startups' extraordinary success? Contrary to the popular narrative, it's not their superhuman founders or savvy venture capitalists. For most of the world, the terms 'Silicon Valley' and 'startup' are synonymous.

Blitzscaling eric schmidt