Balancing speed with risk management is crucial in blitzscaling. Companies must know when to take bold moves and when to pivot or adapt. For instance, Airbnb's decision to compete directly with a European clone rather than buy it showcased strategic insight. Hoffman quotes Jerry Yang: 'All bold strategies have a risk. If you don’t see it, you’re flying risk-blind.' | Reid Hoffman | Blitzscaling

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Risk Management and Strategic Decision-Making

Balancing speed with risk management is crucial in blitzscaling. Companies must know when to take bold moves and when to pivot or adapt. For instance, Airbnb's decision to compete directly with a European clone rather than buy it showcased strategic insight. Hoffman quotes Jerry Yang: 'All bold strategies have a risk. If you don’t see it, you’re flying risk-blind.'

-- Reid Hoffman