Learn LinkedIn, the recruiting network that made Microsoft spend 26.2 billion dollars to buy back
LinkedIn is one of the most reputable and largest technology companies in Silicon Valley (USA). On June 13, Microsoft was shocked to announce that it spent $ 26.2 billion to take over the recruitment network.
LinkedIn is one of the most reputable and largest technology companies in Silicon Valley (USA). On June 13, Microsoft was shocked to announce that it spent $ 26.2 billion to take over the recruitment network.
On June 13, Microsoft announced its acquisition of LinkedIn for $ 26.2 billion. LinkedIn CEO Jeff Weiner still maintains his position and will report directly to Microsoft CEO Satya Nadella. The deal is expected to be completed this year.
LinkedIn becomes the platform that connects all the people with expertise across the planet, but not everyone knows its roots and the journey it has taken. Learn some important milestones during LinkedIn's 14 years of formation and development:
2002 year
Reid Hoffman founded LinkedIn from the family room. Reid was previously a member of the board of Google, eBay and PayPal, so he has a name and a guaranteed name when calling for capital. This partly explains the great integration between LinkedIn and Google.
Year 2003
LinkedIn was born exactly on May 5, 2003.
LinkedIn was born exactly on 5 May 2003, until now 14 years old. LinkedIn is one of the oldest mainstream social networking platforms, more than YouTube, Facebook or Twitter. The main mission of the site is to connect experts around the world to bring success and efficiency to them.
At the end of the first month of operation, LinkedIn had a total of 4,500 members. The founders of the network were Reid Hoffman, Allen Blue, Konstantin Guericke, Eric Ly and Jean-Luc Vailant."Collection" comes from companies like EA, Google, Microsoft, PayPal, TiVo and Yahoo.
2004
LinkedIn takes a step forward by adding address book features to invite colleagues, recommends groups to build communities, and even cooperates with American Express to promote customers. The company really expanded its reach and raised the total number of members to 1,217,647 at the beginning of the year.
2005
In this year, LinkedIn started making money from the subscription model and moved to a larger office (4th office in 3 years). The number of members increased to 4,192,941 at the beginning of the year.
2006
In early 2006, LinkedIn had more than 5 million members and released a public profile of each user's past and present occupations. This is also the first year the company is profitable. To make things more appealing, LinkedIn has a suggested function and "People you may know", both still exist today.
2007
In 2007, things began to get more serious, Reid Hoffman decided to focus on running the product, and Dan Nye steered the company. LinkedIn then had 17,131,764 members.
2008
LinkedIn expanded its borders outside the United States with its first office in the UK, and opened both the French and Spanish versions for 33,077,647 members.
2009
When the number of users exceeded 55 million, there was a change in the ranks of senior leaders. Jeff Weiner, who joins the company as President, becomes CEO, his top priority is to clarify LinkedIn's mission and values to make strategic plans.
2010
LinkedIn grew impressively with 85,411,764 members in early 2010. The company opened more offices around the world and has more than 1,000 employees.
2011
This is an important year for LinkedIn when the network recruits on the New York Stock Exchange, even holding a meeting with US President Barack Obama. At this time, LinkedIn had more than 135 million members.
Today, LinkedIn has 315 million members, which gathers the most professionals.
Year 2012
The LinkedIn interface was changed completely because Weiner wanted to make the website simpler, stimulate growth, become a daily destination for everyone. Throughout the year, the company launches new personal pages and functions. The number of members increased by more than 50 million, to 186,930,823 in early 2012.
2013
10-year-old birthday, LinkedIn holds a big party and has more than 225 million members worldwide. Network of lowering age is allowed to register, towards the object just graduated, going to work.
Year 2014
LinkedIn is a sustainable development with more than 5,400 full-time employees, with offices in 27 cities around the world, marking in more than 200 countries. The fastest growth areas are students and new graduates because they start to realize the benefits of the platform.
Today, LinkedIn has 315 million members, which gathers the most professionals. Since its inception, the foundation grew at a steady rate, with 2 new accounts per second and more than 1 million members per week. With the acquisition of Microsoft for $ 26.2 billion, LinkedIn has proven its value and stature.
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