BBC Learning Zone Clips

CLIP 12866

An internet entrepreneur gives investor’s start-up advice

An internet entrepreneur gives  investor’s start-up advice
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Key Info
  • An internet entrepreneur gives investor’s start-up advice
  • Duration: 06:12
  • Reid Hoffman has made several fortunes from his involvement in web-based start-ups including Paypal and LinkedIn. His harsh views on start-ups (‘fail fast’), give a useful counter to the sugary thoughts of some other entrepreneurs. Here he speaks as an ‘Angel’ investor, i.e. the one willing to take the biggest risks of all. This BBC News clip is published as part of BBC News Online and was first broadcast on 11 January 2011. Please note this clip is only available in Flash.
  • Subject:

    Business Studies

       Topic:

    Business Enterprise

  • Keywords: entrepreneur, enterprise, characteristics of entrepreneurs, sources of finance, venture capital, angel, angel finance, calculated risk, risk, decision-making, bbc news, business
Ideas for use in class
  • Helps to distinguish the ‘Angel’ from the ‘venture capitalist’ (Dragon’s Den muddles this point). Provides a counterpoint to the rosy glow that surrounds many case studies about start-up. Towards the end Hoffman talks about British entrepreneurs and their motivations
Background details
  • Clip language : English
  • Aspect ratio : 16x9

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