The Ledger
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Quattrone: Salesforce submitted higher unsolicited bids during LinkedIn's exclusivity window with Microsoft
“So they went into like a 30 day exclusivity to try to get to definitive agreement. And during that period, Salesforce lobbed in Several offers that were higher. And that meant that towards the end of that period, we had to inform Microsoft, Hey, your deal is n…”
Quattrone: Microsoft and Salesforce submitted nearly identical bids at every stage for LinkedIn
“With LinkedIn, we had interest from several parties, but it really kind of came down to Microsoft and Salesforce. And I've never seen companies bid privately and come up with such close prices on every stage Like, 151 151 162 163. It was very, very close, and …”
Cohen: Job skillsets changed by 25% over the past five years
“The skillset necessary to do a job changed by 25% in the last five to six years.”
Cohen: LinkedIn is growing at its fastest pace in 20 years
“We're growing the fastest we ever grew right now.”
Cohen: Job skill requirements changed 25% over five years
“If you look at the skill set you needed for a job today versus five years ago, that has changed by 25%.”
Cohen: LinkedIn's annual revenue more than tripled over six years
“Revenue for LinkedIn more than tripled.”
Cohen: LinkedIn does not offer revenue sharing to content creators
“We don't do ref share. Your opportunity of LinkedIn is your voice. It's what you create. It's your reputation. It's your brand.”
Cohen: LinkedIn's 'follow' feature is growing 200% year-over-year
“Actually, follows right now is one of the most impressive growth trajectories at LinkedIn. It's growing at 200% year over year.”
Choi: LinkedIn had three acquired founders leading main business lines
“At one point, for example, at LinkedIn, we had three founders running the three key business lines at the company”
Evernote and LinkedIn succeeded in China by granting local leaders autonomy
“For a long time now, people have pointed to Evernote and LinkedIn as being decent deployment that happened in China. And both of those cases, they hired very local sort of general managers or heads of China. It gave them the freedom to build their own teams, l…”
Cohen: Gen Z and entry-level professionals are LinkedIn's fastest-growing demographic segment
“So for example, at LinkedIn, one of our fastest growing segments are Gen Z's and entry level professionals.”
Cohen: LinkedIn has 900M members and 60M company profiles
“We have a consumer platform that caters to nine hundred million members, sixty million companies on LinkedIn, almost every job and skill in the world on LinkedIn, almost every piece of professional knowledge and information is on LinkedIn.”
Tomer Cohen: LinkedIn's member base more than doubled over six years
“Our memo base more than doubled.”
LinkedIn, Facebook, and Roblox took between 8 and 17 years to IPO
“LinkedIn was eight to 10 years to going public. Facebook was 10 to 12. You know, Roblox, 17 years.”
LinkedIn had no dedicated user experience team in early 2007
“When I joined LinkedIn in the beginning of 2007 they didn't even have a user experience team, right?”
Digg was dismantled and sold to Washington Post, LinkedIn, and Betaworks
“At the end of 2012, what happened was that Dig was really split apart into kind of three different deals. The first was that a lot of the folks, the people, and the tech went to Washington Post, and then the second was that a bunch of the patents went to Linke…”