LinkedIn's Series B Pitch to Greylock: Pitch Advice for Entrepreneurs
reidhoffman.org
NOVEMBER 12, 2013
The key problem with existing technologies was adverse selection, specifically concerning the incentives of participants and the reputation systems: In the yellow pages, people wanted to be found but the way they represented themselves had nothing to do with how good they were. Steer into your investors’ objections. It has reputation.
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