Reid Hoffman

Partner at Greylock Partners · Joined 2009

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Biography

Reid Hoffman is part of the 'PayPal Mafia' - the group of early PayPal employees and executives who went on to found or fund a wave of major technology companies. After PayPal's $1.5 billion sale to eBay, Hoffman co-founded LinkedIn in 2003, growing it into the world's largest professional networking service before Microsoft acquired it for $26.2 billion in 2016. He joined Greylock Partners as a partner in 2009, focusing on businesses with strong network effects, and was an early investor in both Facebook and Airbnb. He is also the host of the podcast Masters of Scale and co-author of three best-selling books on entrepreneurship, including Blitzscaling.

Education

Previous Experience

Notable Investments

Facebook METAAirbnb ABNBLinkedInAurora Innovation AURGroupon GRPNCodaEntrepreneur FirstInflection AINautoNeevaBlockstreamCoupons.comEdmodoShopkickViki

Board Seats

Career Timeline

1997
Founds SocialNet, an early and unsuccessful attempt at online social networking.
2000
Joins PayPal as Executive Vice President and a founding board member.
2002
eBay acquires PayPal for $1.5 billion.
2003
Co-founds LinkedIn, serving as CEO for its first four years and later as Executive Chairman.
2009
Joins Greylock Partners as a partner while still serving as LinkedIn's chairman.
2011
LinkedIn goes public; Hoffman's stake is valued at over $2 billion.
2016
Microsoft acquires LinkedIn for $26.2 billion; Hoffman joins Microsoft's board.

Sources & References

Greylock - Reid Hoffman ↗Wikipedia ↗Forbes Profile ↗