| $ 3 Billion
$ 3 Billion
Reid Hoffman is an original member of the PayPal mafia, partner at Greylock, and Co-Founder and Executive Chairman at LinkedIn. He is an accomplished entrepreneur and angel investor and has played a pivotal role in shaping up leading consumer business technologies like LinkedIn and PayPal. In 2003 he co-founded LinkedIn which has a presence in more than 200 countries with more than 160 million members. He was the Chief Executive Officer of the organization for the first four years. Before this he was the executive vice president at PayPal. He played a big role in the partnerships with Wells Fargo, MasterCard and Visa.
Hoffman co-founded in LinkedIn in December 2002. Presently he is the Executive Chairman of the company. After the IPO of LinkedIn in May, 2011 he owns a stake in the company which is worth $2.34 billion. This does not include the benefits from Greylock Partners where he became a Partner in 2009. In Greylock he actually runs their $20 million Discovery Fund. Hoffman had also invested in Facebook and reaped good returns.
Reid Hoffman is on the board of organizations like Do Something which works for young people. He is also associated with Kiva.org which is a micro-finance organization, Mozilla (the guys who created Firefox) andEndeavor Global which is a not-for-profit organization that supports entrepreneurs in the emerging markets.
Hoffman was born in Stanford but he grew up in Berkeley. He attended The Putney School for his early education. He earned a Master's degree in Philosophy from Oxford University in 1993. He was a Marshall Scholar there. Earlier he had passed out from Stanford University with a degree in Symbolic Systems. Hoffman said that he always believed that an entrepreneurial career would provide him the much needed platform. So he decided to pursue a career in business and entrepreneurship.He worked in product management for Apple Computer and Fujitsu and also co-founded his first company, SocialNet.com - an online dating service. It is speculated that he met his wife, Michelle Yee, in Stanford University. The two are now married and Michelle sits on the board of several organizations.
- Birthday5th Aug, 67
- Birth PlaceUnited States
- Marital statusMarried
One of the challenges in networking is everybody thinks it's making cold calls to strangers. Actually, it's the people who already have strong trust relationships with you, who know you're dedicated, smart, a team player, who can help you.
Your network is the people who want to help you, and you want to help them, and that's really powerful.
You have to be constantly reinventing yourself and investing in the future.
I actually think every individual is now an entrepreneur, whether they recognize it or not.
My belief and goal is that every professional in the world should be on a service liked
Did you know?
He is best known as the co-founder of LinkedIn, a social network.
He graduated from Stanford University in 1990 with a BS in Symbolic Systems and Cognitive Science.
He was executive vice president of PayPal who was responsible for all external relationships for PayPal.
He owns a stake worth an estimated $2.34 billion in LinkedIn.
He was ranked #3 on the Forbes Midas List of the top tech investors in May 2012.