• Jeff Weiner: Life in the Middle of the BUBBLE! Media Storm (TCTV)

    Sarah Lacy

    Sarah Lacy writes for PandoDaily, a news site which she founded. She is also an award winning journalist and author of two critically acclaimed books, “Once You’re Lucky, Twice You’re Good: The Rebirth of Silicon Valley and the Rise of Web 2.0” (Gotham Books, May 2008) and “Brilliant, Crazy, Cocky: How the Top 1% of Entrepreneurs Profit from Global Chaos... → Learn More

    Friday, August 5th, 2011

    We caught up with LinkedIn CEO Jeff Weiner yesterday, just after his first earnings call as a public company CEO. In an earlier segment we talked about the surprisingly good quarter LinkedIn had; in this one we talk about the company’s insane roller-coaster of an IPO.

    I asked Weiner what that week was like for LinkedIn, a company that’s usually the boring social media giant with no pedophile scandals, privacy uproars or stories of meth pipes and abandoned cats. He insists the team wasn’t distracted amid the media frenzy….yeah, I have a hard time buying that too. But he points out that the added pride associated with working at a company worth upwards of $9 billion increased the intensity to execute. I wouldn’t be surprised if all that talk of the company being overvalued lit a spark in the company too.

    Weiner and I also talk about LinkedIn’s stunning user growth this quarter, whether companies should reexamine that late 1990s idea of IPOs as marketing events, and whether that user pop is sustainable.

     


    Company: LinkedIn
    Website: linkedin.com
    Launch Date: May 2003
    IPO: NYSE:LNKD

    With over 225 million users representing over 200 countries around the world, LinkedIn is a fast-growing professional networking site that allows members to create business contacts, search for jobs, and find potential clients. Individuals have the ability to create their own professional profile that can be viewed by others in their network, and also view the profiles of their own contacts. Competitors to LinkedIn include sites such as XING, Doostang and Ecademy. Of note, LinkedIn won...

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    Jeff Weiner is the CEO of LinkedIn, the world’s largest and most powerful network of professionals. Jeff joined the company in December 2008, and under his leadership, LinkedIn has rapidly expanded its global platform to 19 languages and 26 offices around the world, grown its membership base from 33 million to more than 225 million members and increased its revenue more than tenfold to $972 million in 2012. Before LinkedIn, Jeff was an executive in residence at Accel Partners...

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