Reid Hoffman: commitment

Transcript context

…Ten or fifteen years ago, it seems we had so many tech CEOs — either in their 20s or possibly even teenagers — seeing considerable success. It doesn’t seem we have people in that age range anymore. Like Sam Altman — he’s, I think, 38, maybe 37. Why are CEOs older now, the more important ones? What’s changed? I think we will see some new additional young folks, and look, the history of the current status quo is, CEOs tend to be older. I think it’s the younger CEOs that tend to be the new struggling companies. Remember, there’s not just Sam Altman. There’s also Patrick Collison, there’s also Brian Chesky, there are also those sorts of folks. They were CEOs when they were younger, and there will be a new crop, there. I am confident there will be a new crop of them before too long. But what if it’s the case, there’s less low-hanging fruit, the abilities you need are more synthetic, social networks are more important? This will favor the 35-year-olds rather than the 19-year-olds. Could that possibly be true?…

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