Are you on LinkedIn? So is Buzztilt and the team! Let’s Connect and build the future startups of the world.
The company was founded by Reid Hoffman and founding team members from PayPal and Socialnet.com (Allen Blue, Eric Ly, Jean-Luc Vaillant, Lee Hower, Konstantin Guericke, Stephen Beitzel, David Eves, Ian McNish, Yan Pujante, Chris Saccheri). In late 2003, Sequoia Capital led the Series A investment in the company. In June 2008, Sequoia Capital, Greylock Partners, and other venture capital firms purchased a 5% stake in the company for $53 million, giving the company a post-money valuation of approximately $1 billion.
In 2006, LinkedIn reached 20 million members.
In 2010, LinkedIn opened an International Headquarters in Dublin, Ireland, received a $20 million investment from Tiger Global Management LLC at a valuation of approximately $2 billion, and announced its first acquisition, Mspoke, and improved its 1% premium subscription ratio. In October of that year Silicon Valley Insider ranked the company No. 10 on its Top 100 List of most valuable start ups. By December, the company was valued at $1.575 billion in private markets.
We held out on joining LinkedIn for awhile, as we know they can be pesky at times with emails, but there’s a great community of founders and entrepreneurs that we’re looking forward to connecting with on the social network. We’ll be sharing crowdfunding, news, tips and strategies with our followers on our profile there. In addition, our company is looking to expand soon so will also be doing some recruiting via the network. (Anyone know any good publicists who love new technologies and a student of design? *hint* buzztilt.com/careers)
We can’t wait to connect via LinkedIn and learn more about early stage founders and startups who might be turning to crowdfunding for their next round of fundraising. If so, let’s talk. We’re always looking for the next big project to help take viral!