Reid Hoffman CoFounder & CEO LinkedIn on Web 2.0 and Social Networks
I had a chance to sit down with Reid Hoffman an early employee at PayPal and the cofounder of LinkedIn to talk about the future of web 2.0 and social networking as the basis for the new Internet. Reid is a pioneer and active angel investor as well as a leader in the social networking platforms being developed. Reid and I agree on what it takes to be successful in developing and launching new startups. Reid and I talk about what it takes for startups to compete and get established in this new Web 2.0 environment. Reid talks about how podcasting can ride that same trend of getting established very quickly for millions of people.
As CEO of LinkedIn, Reid sets corporate strategy and oversees all operations. Prior to co-founding LinkedIn, Reid was Executive Vice President of PayPal, the de-facto standard for secure, private transactions between individuals over the Internet. At PayPal, Reid was in charge of business development, government relations, payments infrastructure and banking relations. During his tenure at PayPal, Hoffman was instrumental to the acquisition by eBay and was responsible for partnerships with Intuit, Visa, MasterCard and Wells Fargo. Reid also has held management roles in large technology companies, including Fujitsu Software Corporation and Apple. Reid graduated with distinction from Stanford University with a B.S. in Cognitive Science and from Oxford University with a Master’s degree in philosophy.