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How much did Reid Hoffman sell LinkedIn for? How much did Reid Hoffman make?

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Linkedin co-founder Reid Hoffman had sold the social network to Microsoft for $26.2 billion in 2016.

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The same year, Hoffman became a board member at Microsoft.

How much did Reid Hoffman make?

Hoffman made an estimated sum of $2.34 billion.

LinkedIn recently cut down over 700 jobs and closed its app in China, with the aim of “streamlining the firm’s operations.”

More About LinkedIn

LinkedIn is a professional networking platform focused on business and employment, with ease of access via websites and mobile apps.

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Founded by American entrepreneur Reid Hoffman, the social networking site was launched on May 5, 2003, and traded to Microsoft in 2016.

LinkedIn
Photo Credit: Forbes

As of March 2023, LinkedIn recorded over 900 million registered members drawn from at least 200 countries.

LinkedIn is a platform that enables employees, jobseekers and employers to create professional profiles and connect with each other.

LinkedIn Members can invite both new and existing members to connect. The platform is also used to “organize offline events, create professional groups, write articles, publish job postings, post photos and videos, and other activities.”

 


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