Letter from Silicon Valley about LinkedIn’s the founder and executive chairman, Reid Hoffman. In 2003, Hoffman and Mark Pincus, the founder and chief executive of the gaming site Zynga, bought the Six Degrees patent, a methodology for constructing social networks. When he started LinkedIn, “the most popular social-networking sites, like Friendster and MySpace, didn’t focus on business; and the most popular employment sites, like Monster.com, didn’t focus on social networks.”
LinkedIn currently has more than three hundred and eighty million members, and it is working on creating “the economic graph, which would track all employment activity in the world, for the 3.3 billion people who work, with LinkedIn as the platform”.
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