Reid Hoffman

At 56 years old, Reid Hoffman physical status not available right now. We will update Reid Hoffman's height, weight, eye color, hair color, build, and measurements.

Career

According to Hoffman, when he was in college, he developed a strong conviction that he wanted to influence the state of the world on a large scale. He saw academia as a way to make a "impact," but later learned that an increased audience would give him a bigger stage. "My intention when I graduated from Stanford was to become a professor and a public intellectual." Kant was not quoting Kant. It's about taking a look at society and asking, "Who are we?" 'Who should we be as individuals and a family?' But I discovered that academics wrote books that 60 or 60 people read, and I wanted more impact."

With that in mind, Hoffman embarked on a career in finance and entrepreneurship. Inglenook, a winery in Napa Valley, was his first job. In 1994, he began working with Apple Computer, which was the first attempt at building an online service. In 1996, AOL acquired eWorld. He spent time at Fujitsu before co-founding his first company, SocialNet.com, in 1997. "It's a focus on online dating and matching up people with common aspirations, such as golfers who were looking for spouses in their communities." SocialNet.com was "literally an idea before its time," Peter Thiel said. It was a social media 7 to 8 years ago before it became a thing. In an episode of the Greymatter podcast "The Philosopher Entrepreneur," Hoffman wrote the foreword to the book, The Entrepreneurs Weekly Nietzsche, which came out in May 2021 and laid out why a fundamental understanding of philosophy can be a helpful instrument for innovation.

Hoffman was a member of the board of directors when PayPal, an electronic money transmission service, was first introduced on SocialNet. In January 2000, he left SocialNet and joined PayPal full-time as the company's COO. "PayPal had to scratch and claw for every advantage it had," Allen Blue, a PayPal consultant, said, and Reid became an expert at competing in an extremely competitive environment." Hoffman was responsible for all external interactions for PayPal, including payments infrastructure (Visa, Mastercard, ACH, Wells Fargo), company growth (eBay, Intuit, and others), regulatory (regulatory, and judicial), and legal. Hoffman, according to Peter Thiel, Hoffman's boss at PayPal, was the firefighter-in-chief. Despite the fact that his position is diminished because of the numerous fires." He was executive vice president of PayPal at the time of the eBay acquisition in 2002 for $1.5 billion.

Hoffman co-founded LinkedIn in December 2002 with two former SocialNet employees (including Allen Blue), who all dated back to Fujitsu's time at Fujitsu. It was announced on May 5, 2003, as one of the first business-oriented online social media networks. Peter Thiel, a colleague of Hoffman's at PayPal, has invested in LinkedIn. LinkedIn had over 332 million users in over 200 countries and territories by November 2014, with nearly 800 million members. Registered users are able to design professional profiles and connect with others on the website. Anybody (whether a website visitor or not) can become a friend. "LinkedIn is, far and away, the most useful social networking device available to career seekers and corporate professionals today," Forbes says.

Before becoming chairman and president of products in February 2007, Hoffman served as LinkedIn's founding CEO for the first four years. In June 2009, he became executive chairman. Hoffman owns a stake in LinkedIn that was IPO on May 19, 2011, excluding any future compensation from Greylock Partners, where he was named a partner in 2009. Many people do not know how to use it, according to Hoffman, and it is LinkedIn's job to assist them. "You should think proactively about how to move in ways that you weren't able to do before," Hoffman said in a chat.

On June 13, 2016, Microsoft acquired LinkedIn for $26.2 billion in cash. Hoffman became a member of the Microsoft board on March 14, 2017.

Hoffman co-founded Inflection AI with his longtime acquaintance and Greylock co-founder Mustafa Suleyman, co-founder of DeepMind, in March 2022. According to CNBC, "Headquartered in Inflection will continue to produce AI software that makes it possible for humans to collaborate with computers."

Hoffman became Silicon Valley's most prolific and profitable angel investor following eBay's acquisition of PayPal. Hoffman, according to venture capitalist David Sze, "is arguably the most profitable angel investor in the last decade." Hoffman, according to Dave Goldberg, former CEO of SurveyMonkey, "is the person you want to talk to when you start a business." Hoffman became a founder of Greylock Partners in 2010 and made his first, early investment in AirBNB. Greylock's key areas include consumer and services, enterprise software, web, mobile, enterprise 2.0, social gaming, online shopping, payments, and social media.

Greylock, the venture capital firm where Hoffman is a partner, formed an ongoing partnership with Management Leadership for Tomorrow (MLT) in 2020 to attract more Black, Latino, and Indigenous people into tech startups. As part of this alliance, I am involved in this cooperation. Greylock's supporters also contributed $5 million to MLT's first-ever impact fund, which allows MLT to participate as a restricted partner in Greylock's new $1 billion fund.

Hoffman arranged Mark Zuckerberg's first meeting with Peter Thiel, which resulted in Thiel's initial $500,000 angel investment in Facebook, according to David Kirkpatrick's book The Facebook Effect. In Facebook's first funding round, Hoffman invested alongside Thiel.

Aurora, Blockstream, Coda, Convoy, Entrepreneur First, Joby Aviation, Nauto, Neeva, Nuro, Taptap Send, and Helion Energy are among Hoffman's latest venture capital investments.

Previous investments include 3DSolve, Airbnb, Coupons.com, Digg, Edmodo, Flickr, Gixo, Knewton, Kongregate, Last.fm, Nanosolar, One Kings Lane, Ping.fm, Perpetu, Wesley, TrialPay, Vindio, Wikia, Wrapp, and Xapo. He served on Zynga's board of directors from March 2008 to June 2014 and now appears on numerous public boards, including Aurora, Joby Aviation, and Microsoft.

Hoffman is certainly one of the most influential investors in transportation's future, having invested in Aurora (autonomous trucking), Convoy (trucking logistics market), Nauto (AI software for driver safety), Nuro (autonomous, zero-occupant delivery vehicles for goods), and Joby Aviation (electric, aerial ride-sharing).

Hoffman, an early proponent of cryptocurrency, was leading a crowdfunding round in Xapo, a company that created a bitcoin vault and a bitcoin wallet, and was an early adopter of Celo, a mobile phone-based financial website that makes financial applications available to anyone with a smartphone. He was interviewed at Davos in 2015 and said crypto "could extend the benefits of banking to areas of the world that do not yet have a profit from the banking system," and then wrote an article in WiredUK evangelizing why the blockchain matters. In 2019, Hoffman produced "Bitcoin Rap Battle Debate: Hamilton vs. Satoshi" on YouTube, earning over 2 million views.

"Blitzscaling" is Hoffman's term for the free Stanford University class.

Source

Honors and awards

• In 2022, Reid delivered the commencement address at Vanderbilt University and received Vanderbilt's Nichols-Chancellor's Medal.
• In 2017 he was appointed an Honorary Commander of the Order of the British Empire (CBE), "For services to promoting UK business and social networking and the Marshall Scholarship scheme".
• In September 2014, the American Academy of Achievement awarded Hoffman with the annual Golden Plate award, which honors accomplished individuals "for significant achievement in their fields."
• In April 2014, President Barack Obama named Hoffman as a Presidential Ambassador for Global Entrepreneurship "to help develop the next generation of entrepreneurs."
• In April 2014, Hoffman received the Distinguished Citizen Award from the Commonwealth Club.
• In May 2012, Hoffman was ranked third on the Forbes Midas List of the top tech investors. Forbes described Hoffman as "Silicon Valley's uber-investor" and said Hoffman "has had a hand in creating nearly every lucrative social media startup."
• In 2012, The Martin Luther King Jr. Center honored Hoffman with their "Salute to Greatness" award which "recognizes individuals and corporations or organizations that exemplify excellence in leadership and a commitment to social responsibility in the spirit of Martin Luther King, Jr."
• In 2012, Newsweek and The Daily Beast released their first "Digital Power Index," a list of the 100 most significant people in the digital world that year (plus 10 additional "Lifetime Achievement" winners), and Hoffman was ranked No. 3 in the "Angels" category.
• In 2012, Hoffman, along with Salman Khan of Khan Academy, was honored by the World Affairs Council and Global Philanthropy Forum in 2012. The council recognizes and honors remarkable leaders who have effected and will continue to effect social change through their private enterprise and social action. The awards in 2012 were dedicated to celebrating Technology for Social Impact.
• Hoffman was awarded the 2012 David Packard Medal of Achievement Award by TechAmerica for his contributions and advances within the high-tech industry, his community, and humankind.
• Hoffman received an Honorary Doctor of Laws from Babson in 2012.
• In 2011, Hoffman and Jeff Weiner of LinkedIn shared the EY U.S. Entrepreneur of the Year Award.
• In 2010, Hoffman was named No. 17 on Fast Company's list of the 100 Most Creative People in Business.