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Reid Garrett Hoffman Net Worth

Reid Garrett Hoffman Net Worth

You should likely be thanking this guy as because of him now you can utilize the successful website that’s helped a lot of people to stay connected- LinkedIn. Yes! This post is about Reid Garrett Hoffman. He was born on 5th August in the year 1967 and since this guy has invested in many startup enterprises which have proved to achieve success for him. If you’re looking for job opportunity and needs to make company connection use the website founded by Reid. Folks call Reid networking expert as he’s invested in nearly every social networking site you need to have heard about.

Reid Garrett Hoffman Net Worth $4.4 Million

An effective investor, executive at PayPal, creator along with CEO of LinkedIn and an entrepreneur he could be counted among the wealthiest guys on our planet. Reid did his high school from The Putney School. During Reid’s school days he farmed maple syrup, analyzed for epistemology and drove oxen. During his days at Stanford he got Dinkelspiel Award as well as received the Marshall Scholarship.

Reid needed to create impact on the society and he realised that profession in teaching or bering a professor will not help him to reach his aim. So eventually with that aim in mind, in the year 1994, Reid joined Apple Computer.

Reid is regarded as among the most victorious angle investor and through these investments he’s managed to bring in a net worth of 3.4 billion US dollars. Besides this huge portion of private share, Reid also got a little bit in the share Greylock Partners have in company. The day the website went public, it’s a net worth of 4.3 billion uS dollar which is supposed to be the greatest market price for any networking venture. Since then the shares of his business has multiplied six times. Besides that, his other sources of income are the investments he’s made in distinct networking firms which are mentioned below:

Folks call Reid among the most productive and successful investor one might have found in previous few decades. In accordance with the CEO of SurveyMonkey, David Goldberg Reid “is the man you would like to speak to when you’re beginning a business”. Reid has till date made investment in around 80 startups.

In the first round of financing in the Zynga business, Reid made a private investment along with he joined the manager of boards that time. Zynga possesses a six degree patent in the business which has a marketplace cxapitalisation of around 2.48 billion along with the CEO of the firm, Mark Pincus.

Besides investing in these firms, he’s additionally invested in Flicker, Care.vom, SixApart, Tagged, Digg, Knewton, and many more. Hoffman is among the board members in many people along with private companies.

Reid was the member of founding managers of the electronic money transmission website called PayPal. SocialNet commanded over the outside connection the firm had, business development, and legal and government problems.

It was established in the year 2003 and it was the first buiseness concentrated on-line website. It’s around 187 million users all around the world by the year 2012. As stated by the reports of 2011, he possesses a position worth 2.34 billion US dollars in the business which doesn’t contain the gains he’s for being the partner of Greylock Partners.

In the year 2012, Reid was rated on the third place on the list of Top technology Investor by released by Forbes.

In the year 2012, for his work and contribution in progress of technology sector he was given David Packard Medal of Accomplishment by Tech America.

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