Chile, Entrepreneurs, Endeavor, and Global Lessons with Reid Hoffman and Wences Casares


This post is by Greylock Partners from Greylock Perspectives - Medium

Credit: Jonathan Sprague / Redux Pictures

Silicon Valley can frequently be too provincial in its views of entrepreneurship, strategy, and markets, and can benefit from learning about a broader view of entrepreneurship where the strategies of Blitzscaling can be applied outside of Silicon Valley and China.

In their first podcast, Reid Hoffman and entrepreneur Wences Casares talked about the ability of entrepreneurs in Argentina to see global markets that Silicon Valley entrepreneurs might miss. And for their second conversation, they turn to the topic of how blitzscaling works when you’re not in Silicon Valley or China.

Among the interesting new techniques that Wences and Xapo are using to build a global business is his approach to creating and growing a completely distributed company (Xapo has 275 employees scattered across 62 different countries). While this poses some coordination challenges, it also allows him to recruit the best talent from anywhere in the world.

On the podcast, Reid and Wences discuss some of the learnings and tools Wences found to help him make remote work at Xapo more effective. You’ll hear why he thinks working in an office is like living with your parents, while working remotely is like living on your own for the first time. Wences aalso explains how he uses always-on Zoom videoconferencing to implement a virtual “open door” policy that generates serendipitous meetings between employees on different continents, and why hiring employees without ever seeing their face or hearing their voice is actually a competitive advantage.

Greymatter shares perspectives and stories from some of the world’s top technology entrepreneurs and business leaders. Subscribe here and never miss a new episode.


Chile, Entrepreneurs, Endeavor, and Global Lessons with Reid Hoffman and Wences Casares was originally published in Greylock Perspectives on Medium, where people are continuing the conversation by highlighting and responding to this story.

Argentina Entrepreneurship, Endeavor, and Global Lessons with Wences Casares and Reid Hoffman


This post is by Greylock Partners from Greylock Perspectives - Medium

Wences Casares, CEO and founder of Xapo with Reid Hoffman, Partner at Greylock and Co-Founder of LinkedIn

In this episode of Greymatter, Reid Hoffman, Partner at Greylock and Co-Founder of LinkedIn sits down with Wences Casares, CEO and founder of Xapo, a Greylock portfolio company in Patagonia to discuss a range of topics, including what Silicon Valley can learn from from Argentina.

Silicon Valley has the rare privilege and good fortune to be one of the most amazing entrepreneurial networks in the world. Despite a population of less than 4 million, Silicon Valley has created the majority of the world’s $100 billion companies, including mega-successes like Apple, Alphabet (Google), Facebook, Netflix, and Salesforce.

Silicon Valley benefits immensely from the entrepreneurs, investors, and technologists who come from around the world to make it one of the central nodes in their network. Many of these lessons have been captured in Reid’s book Blitzscaling and podcast Masters of Scale.

But, just as every strength has a weakness, diverse entrepreneurial ecosystems like Argentina can teach Silicon Valley (and others) important lessons about global entrepreneurship. The quintessential teacher here is Wences.

Wences was Patient Zero for Bitcoin in Silicon Valley (you can watch his cameo in the Bitcoin rap battle), and his insight can be attributed to his experiences outside the region. Unlike people whose experience is limited to the bubble of Silicon Valley, he’s seen the challenges presented by unstable governments and currency, such as the difficulties of making cross-border payments. This knowledge made Wences realize much earlier than most the importance of a global, nation-independent, reliable, robust monetary ecosystem.

This is just one of the many insights that Wences and Reid covered during the conversation. They also discuss how Wences’ childhood and family (his mother was an entrepreneur who involved him in her business, and his father built his own computer for the family) helped prepare him for life as a tech entrepreneur. And, you’ll hear the story behind how needing to pay a $200 bus repair bill led to Wences becoming a Bitcoin user and investor.

Greymatter shares perspectives and stories from some of the world’s top technology entrepreneurs and business leaders. Subscribe here and never miss a new episode.


Argentina Entrepreneurship, Endeavor, and Global Lessons with Wences Casares and Reid Hoffman was originally published in Greylock Perspectives on Medium, where people are continuing the conversation by highlighting and responding to this story.