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Reid Hoffman: evaluation

15 Jan 2020 Conversations with Tyler Reid Hoffman on Systems, Levers, and Quixotic Quests

“I actually disagree with the view that money doesn’t have an influence. That view is like saying marketing doesn’t work, and it’s clear that marketing can work.”

— Reid Hoffman

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Everything needed to verify it.

Speaker
Reid Hoffman
Attribution
Verified speaker
Claim type
evaluation
Recorded
15 Jan 2020
Publisher
Conversations with Tyler

Transcript context

…If I talk to political scientists, most of them will tell me that money and campaign finance don’t matter that much for elections. We see Donald Trump having been elected. He didn’t raise a lot of money early on, or indeed at any point. So what’s your underlying theory of how money can influence or improve politics, given that you have a role in this process yourself? Well, I would prefer democracies where money has a more muted influence. I actually disagree with the view that money doesn’t have an influence. That view is like saying marketing doesn’t work, and it’s clear that marketing can work. Now, there’s the old adage — But you can do marketing without a lot of money.…

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