LinkedIn Reid Hoffman

hoffman speaks @ event.

hoffman co-founded linkedin in december 2002 2 former colleagues socialnet (including allen blue), former college classmate , former colleague time @ fujitsu. launched on may 5, 2003, 1 of first business-oriented online social networks. peter thiel , keith rabois, colleagues of hoffman s @ paypal, invested in linkedin. november 2014, linkedin had on 332 million members in more 200 countries , territories. site allows registered users create professional profiles , connect each other. users can invite (whether site user or not) become connection. according forbes, “linkedin is, far , away, advantageous social networking tool available job seekers , business professionals today.

hoffman linkedin s founding ceo first 4 years before becoming chairman , president, products in february 2007. became executive chairman in june 2009. ipo of linkedin on may 19, 2011, hoffman owns stake worth estimated $2.34 billion, not including potential benefits greylock partners, named partner in 2009. hoffman believes many people still not know how use service , linkedin s job them out. in interview, hoffman said “you have think proactively how use tool enables ability move in ways weren’t able move before, , of people not @ that”.

microsoft proposed acquire linkedin on june 13, 2016 $26.2 billion in cash. hoffman became board member of microsoft on march 14, 2017.