Competition

What the greatest technology investors say about Competition

Success is Fragile - Be Paranoid

Reid Hoffman angel investor, Co-Founder & Executive Chairman LinkedIn and Partner Greylock & Ben Casnocha entrepreneur

 “[] the overriding problem [for the U.S. auto industry’s decline] was [that it] got too comfortable.  As Intel cofounder Andy Grove once famously proclaimed, “Only the paranoid survive”. Success, he meant, is fragile- and perfection, fleeting.  The moment you begin to take success for granted is the moment a competitor lunges for your jugular.  Auto industry executives, to say the least, were not paranoid.”  Reid Hoffman & Ben Casnocha, The Start-up of You (book), pg 15