
- The government is not a business, Reid Hoffman argued, and should not be run like one. The investor and LinkedIn cofounder told Bloomberg TV on Monday that he worries President Donald Trump’s administration is taking unnecessary risk through its mass firings that are endangering the U.S. Unlike a company, governments must sacrifice some efficiency to avoid risks because large-scale financial security depends on it, he said.
LinkedIn cofounder and investor Reid Hoffman has challenged the Silicon Valley-inspired “move fast and break things” approach to President Donald Trump’s administration and the Department of Government Efficiency.