Reid Hoffman Net Worth is$1.9 Billion
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Profession: Entrepreneur, Businessperson, Investor
Date of Birth: Aug 5, 1967
Ethnicity: Jewish people
Country: United States of America
Reid Hoffman is the founder of Linkedln and successful angel investor and entrepreneur with a net worth of $1.9 billion. Reid Hoffman earned his net worth through several business investments like Youtube and Facebook and as the Executive Vice President of PayPal. He was born in Stanford, California. Hoffman is noteworthy for having introduced Mark Zuckeberg to venture capitalist Peter Thiel who gave Facebook $500,000 back in the early days of the company. In return for the introduction, Hoffman was able to purchase 0.5% of Facebook for $40,000 which is now worth $425 million.
Reid Garrett Hoffman (born August 5, 1967) is an American entrepreneur, venture capitalist and author. Hoffman is best known as the co-founder of LinkedIn, a social network used primarily for business connections and job searching.
Hoffman was born in Stanford, California, and grew up in Berkeley, California. He attended high school at The Putney School. He graduated from Stanford University in 1990 (where he won both a Marshall Scholarship and a Dinkelspiel Award) with a B.S. in Symbolic Systems and Cognitive Science. He went on to earn an M.A. in philosophy from Oxford University in 1993.
Hoffman says he saw academia as an opportunity to make an "impact", but later realized that an entrepreneurial career would provide him with a bigger platform. "When I graduated from Stanford my plan was to become a professor and public intellectual. That is not about quoting Kant. It's about holding up a lens to society and asking 'who are we?' and 'who should we be, as individuals and a society?' But I realised academics write books that 50 or 60 people read and I wanted more impact."
So Hoffman pursued a career in business and entrepreneurship. After working at Apple Computer and Fujitsu in product management, Hoffman co-founded his first company,, an online dating service.
While at SocialNet, Hoffman was a member of the board of directors at the founding of PayPal, an electronic money transmission service, and later joined the firm as a full-time employee. At the time of PayPal's acquisition by eBay in 2002, he was Executive Vice President of PayPal. He was responsible for all external relationships for PayPal, including Payments Infrastructure (VISA, MasterCard, ACH, WellsFargo), Business Development (eBay, Intuit, others), Government (Regulatory, Judicial), and Legal.
Hoffman co-founded LinkedIn in December 2002. It was one of the first business-oriented online social networks. He was LinkedIn's founding CEO for the first four years before becom

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Reid Hoffman Latest News

Why LinkedIn co-founder Reid Hoffman is standing up to Donald Trump

Editor’s Note: LinkedIn co-founder Reid Hoffman is passionately anti-Trump. He has likened Trump to the schoolyard bully he had to stand up to in boarding school, and he even bankrolled Trumped Up Cards — a Cards Against Humanity like game, but with a ...
Posted: October 13, 2016, 5:42 pm

Does President Obama Have A Future In Silicon Valley?

It's January 2017, a new president has been sworn into office, and, newly retired from public service, Barack Obama is enjoying his well-earned time out of the public eye by going to work in Silicon Valley. Sound crazy? Maybe. However, as the New York ...
Posted: October 25, 2016, 4:30 am

Specter of Trump Loosens Tongues, if Not Purse Strings, in Silicon Valley

By that point in 2012, Crowdpac says, President Obama had raised $21 million from entrepreneurs and venture capitalists. Reid Hoffman, the billionaire co-founder of the business networking site LinkedIn, offers a snapshot of Silicon Valley’s evolving ...
Posted: October 16, 2016, 1:00 am
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