LinkedIn's startup story

LINKEDIN'S STARTUP STORY A new way of connecting the businesS world 1997 1993 1993 Entrepreneur Reid Hoffman's Vision & Mission Studying at Oxford thought of starting a software company Approached Venture Capitalists for funding and got rejected Got a job at Apple -worked on eWorld, Apple's version of AOL After Apple, worked at Fujitsu for product management Resigned job at Fujitsu for starting a business 2003 2002 Launched Linkedln, attracted investment Started SocialNet, Sold PayPal, an electronic payment service to eBay for 1.5 billion USD Met friends Peter Thiel Left SocialNet, a networking website - actually a dating site and Max Levchin, and because of bad from sequoia capital joined PayPal board model and strategy 2005 2007 2009 2013 10 popular website in 2014 $4 $4 %24 the world Revenue - Introduced LinkedIn has 225 million Dan Nye took the position as chief executive officer New Leadership - Jeff Weiner joined LinkedIn as persident and CEO LinkedIn launched members, growing at 2 members per second officially in China, in chinese language first business lines: jobs and subscriptions Corgorate Valey An Infographic based on the story shared in CNN Money : http://money.cnn.com/2009/06/02/smallbusiness/linkedin_startup_story.smb/