Just after receiving 12.8 Million in VC, Linkedin’s chief executive, Reid Hoffman, has stepped down from his post and appointed Dan Nye to take the role at one of the key social networking start-ups of the Web 2.0 space. It’s always interesting when one of the founders or early contributors to a popular start-up moves aside to allow the more traditional business management expertise to help the company grow.
VentureBeat reports that move has nothing to do with the financing but more to allow the company to grow.
Hoffman has been a significant angel investor in some of the web’s most prominent start-ups including:
www.facebook.com, www.ironport.com, www.ravenflow.com, www.bioscale.com, www.nanosolar.com, www.lulan.com, www.taxipass.com, www.naseeb.com, www.technorati.com, www.grassroots.com, www.friendster.com, www.socialtext.com, www.realtravel.com, www.rhythmnetworks.com, www.targetedgrowth.com, www.flickr.com, www.digg.com, www.last.fm, www.wink.com, www.wikia.com, www.adventsolar.com, www.ning.com, www.tagged.com, www.tinypictures.us, www.etology.com, www.winster.com, www.powerset.com and www.sixapart.com.
It will be interesting to see where Reid ends up.
Popularity: 7% [?]
Related posts:
- Web3.0 = Thank you, Now Please Leave Me Alone If you have been following the latest undercurrent to the...
- New Web Innovators Group Announced The Boston Web Innovators Group has announced Webinno8 to be...
- MIT Enterprise Forum – Brave New Web 2007 I recently attended The Brave New Web conference put...
- Watertown Based Cymfony Sold to UK Research Company paidContent is reporting that Watertown, MA based Cymfony, a...
- Busy, Busy, Busy – Launch of 2 New Websites! It’s been a busy year so far…and it’s only April. Most...
Related posts brought to you by Yet Another Related Posts Plugin.
Leave Your Response
You must be logged in to post a comment.