LinkedIn Founder’s Journey to a $26.2 Billion Company

LinkedIn, one of the world’s largest professional networks on the internet, is one of the sites we visit to find suitable job and internship opportunities. Have you ever wondered about the founding story of LinkedIn?

Reid Hoffman, who laid the foundations of LinkedIn He came to a completely different place thanks to the company he started, even though he had no such idea in mind. Likewise, in this way, not only Reid Hoffman but also many people around the world are introduced to LinkedIn and have access to job opportunities.

Without further ado Let’s start giving the details.

Reid Hoffman graduated from Stanford’s Applied Philosophy and Computer Science departments in 1990.

Deciding that he wanted to be an academician in the first place, Hoffman decided to study for a master’s degree in philosophy with a Marshall scholarship. He goes to Oxford and completes his education in 1993.

But basically Because he was interested in helping the evolution of humanity He gives up this decision and decides to turn to technology.

In 1998, his friend Thiel hired Hoffman. invites online payment company Paypal. Hoffman started working full-time at Paypal in 2000, where he joined as a board member.

In this way, Elon Musk, who will be the technology icons of the future, and He becomes part of the team that also includes the founders of YouTube.

Reid Hoffman invests the money he earned from Paypal into a different social network idea.

paypal

Then he got together with his four friends and He founded the LinkedIn site in 2002. Hoffman served as CEO of LinkedIn for 4 years.

In 2007, he left his job, believing that the company had proven itself, and becomes chairman of the board of directors. Dan Nye replaced Hoffman, but a year later, Jeff Weiner, one of Yahoo’s executives, took over the seat.

Although LinkedIn grew solidly, it could not meet the expectations of its investors by 2016.

hoffman

At this point, Hoffman and Wainer thought it would be the right decision to join a larger company. Signs a $26.2 billion deal with Microsoft.

Hoffman joins Microsoft’s board of directors after the deal closes in December. Weiner remains in his same position and LinkedIn It continues to operate as an independent subsidiary of Microsoft.

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