Life-Changing Career Advice From LinkedIn's Billionaire Founder Reid Hoffman (2024)

FAQs

Is Reid Hoffman still involved with LinkedIn? ›

Reid Hoffman cofounded professional networking site LinkedIn in 2003 and is a partner at venture capital firm Greylock Partners. In 2016, Hoffman sold LinkedIn to Microsoft for $26.2 billion in cash and joined Microsoft's board.

He has a net worth of $3.3 billion, and a track record that includes co-founding PayPal and LinkedIn. But for all his massive success, Reid Hoffman says there's one big regret he has about the professional decisions he's made.

Early years. Hoffman joined Apple Computer in 1994, where he worked on eWorld, an early attempt at building an online service. AOL acquired eWorld in 1996. He later worked at Fujitsu before co-founding his first company, SocialNet.com, in 1997.

Reid was a board observer for Airbnb and currently serves as a board director for Aurora, Blockstream, Coda, Entrepreneur First, Inflection, Joby Aviation, Microsoft, Nauto, and a few early-stage companies still in stealth. Reid's core focus is on businesses with network effects.

2.5 billion USD (2024)

Reid Hoffman / Net worth

On June 13, 2016, Microsoft (or more formally Microsoft Corporation), the American multinational founded by Bill Gates and Paul Allen, announced the acquisition of LinkedIn. For the amount of 26.2 billion dollars, or 23.4 billion euros, we witness the largest transaction in the history of social media.

It's just hard to tell if the people are real. I do know that less than 20% of the world's billionaires are on LinkedIn. Here are the 21 that appear to be on (but can't be verified for sure with the exception of the 3 above).

LinkedIn billionaire Reid Hoffman has co-founded a new artificial intelligence start-up called Inflection AI with DeepMind co-founder Mustafa Suleyman and former DeepMind researcher Karén Simonyan. It is the first time Hoffman has co-founded a company since he sold LinkedIn to Microsoft for $26.2 billion in 2016.

Hoffman and Yee, who got married in 2004, have decided not to have children.

What companies has Reid Hoffman invested in? ›

Prior to joining Greylock, he angel invested in many influential internet companies, including Facebook, Flickr, Last.fm, and Zynga. Reid is the co-author of two New York Times best-selling books: The Start-up of You and The Alliance.

Other CEOs apparently without LinkedIn pages include Pam Bailey of the Grocery Manufacturers Association, Tim Pawlenty of Financial Services Roundtable, Dale Stinton of the National Association of Realtors and Gordon Smith of the National Association of Broadcasters.