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30-Second MBA

Reid Hoffman: What's the difference between an idea and an opportunity?

"In being an entrepreneur, there are frequently lots of ideas. The key question is which idea is the right one to invest in and developer, which one has the right scale of opportunity that in the current market, in the current competitive set, in the evolution of technology. Which of these ideas are the ones that can be massive, world-changing, defining, in my world, a human ecosystem, as a way of transforming the world." — Reid Hoffman