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, SocialNet.com, 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

Some of Facebook’s early friends now its sharpest critics

LinkedIn co-founder Reid Hoffman acknowledged in an interview concerns around how social media systems are causing what he called “lightly addictive behavior.” But, he added, “that’s also been true of television, that’s also been true of sugar.”
Posted: December 13, 2017, 4:15 am

15 Technology Companies to Watch in 2018

Nauto has raised $173 million from the likes of SoftBank and Reid Hoffman. In addition to improving safety today, Nauto’s sheer volume of data collection means it may become a powerful player in making autonomous driving a widespread reality. The rise in ...
Posted: December 14, 2017, 9:07 pm

Reid Hoffman talks transportation safety with CEO of AI startup Nauto (podcast)

Traffic accidents are one of the leading causes of death in the United States. Fully automated vehicles promise a new era in car safety, but completely self-driving cars on roads are still in the future. With this in mind, Nauto is rethinking ...
Posted: December 14, 2017, 2:03 am
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