The first thing is really how do you get distribution for this because thats where most Internet businesses fail. Wir sprechen ber die Politik und ihren Einfluss auf die Wirtschaft. How Zee Ali went from selling cigarettes in the hood of Chicago to selling LeadPages founder on why you should be embarrassed by your first launch. Why did you guys not accept that as a reason to not do what you did? So they do know this is the place where you want your profile to be found. There may be plans that I dont know of. Add it to your site and see what happens, Grasshopper.com. Sinnimos e antnimos de Guericke e traduo de Guericke a 25 lnguas. I invited Konstantin to tell us how his vision grew into such a big company. From 2015 most of the company's revenue came from selling . We need to make sure its clearer that this is not about just about keeping your address book up- to-date, that there is something more valuable, its more of a win-win. Because the address book up-to-date helped the people using Plaxo but other people didnt feel like, Why should I keep your address book up to date? And we knew there was a lot of goodwill in the LinkedIn community where some just felt, Im getting so much value for the free version. Konstantin: I think thats where persistence comes in. Our challenge is mostly to move people from that first stage where theyre just reconnecting with friends and enjoying that process, theyre not willing to pay for that. Famous Eric Ly was born on January 15, 1969 in Vietnam. I use it quite regularly and the results are very good. Its dead simple and very effective. Lee Hower was part of LinkedIn's founding team in 2002. Konstantin SCHLAAFF | Cited by 63 | of Otto-von-Guericke-Universitt Magdeburg, Magdeburg (OvGU) | Read 7 publications | Contact Konstantin SCHLAAFF But the important thing to know is some people think, Were viral but you cannot count those people because that media attention is just going to be a little straw fire that keeps you going for three or four days and then is just going to die down. You have a very small sales force. And the networkers were also very active but they would just want to and enlarge their network. Guericke left LinkedIn at the end of 2006 to become CEO of Jaxtr, a company that sought to combine social . One more thing that you mentioned earlier. He is currently a partner at the venture capital firm Greylock Partners and a co-founder of Inflection AI. We would look for that kind of person, and we did have a little search but we would basically look up the job by title, industry or position. It was a good learning opportunity. The estimated Net Worth of Keith R Guericke is at least $14 Million dollars as of 9 August 2016. First, we met at a restaurant, and then we realized really we both need to make sure we get a little more exercise rather than filling in the calories. And thats a lot to ask someone to do. Disclamer: Konstantin Guericke net worth displayed here are calculated based on a combination social factors. Konstantin Guericke. He kept his LinkedIn stake, selling $1.3 million worth in the IPO, the New York Times reported. Not from all segments but often that was not unusual to get 20% click through rates because we target them so carefully. And partly it will be determined what the customers say. And so, maybe, I can find more. : #konstantin . Someone contacted me through LinkedIn and said, Were looking for an advisor. And I said yes and I asked Reid is it okay if I advise this company? Konstantin Guericke is a Senior Vice President at HCF Management based in Lima, Ohio. Login or become a premium member. For instance, if an applicant applied who one of your employees knows or has worked with in the past obviously that applicant is much more interesting than someone else because you cant just match on resume. Konstantin's Score is ( 6%) Above the National Average. Look what happened to the cofounders of Oracle>>. prints Downloads. After the IPO, he left Netflix and went on sabbatical. Im still a consultant at LinkedIn but not involved full time anymore. How Drip started as a widget and was acquired by Leadpages for a How a list nerd grew Ranker.com to 27,000,000 monthly visitors. Born in . We dont want people to do it; its just going to be bad. Activity. Sinnimos y antnimos de Guericke y traduccin de Guericke a 25 idiomas. So we would go on weekly walks, and on each walk we would pretty much try to take one idea and the other person would try to tear it apart and see why it wouldnt work. Business Data 130 Campus Dr, Edison, New Jersey, 08837-3936. The founders invited 350 of their most important contacts to join the site, and by the end of the first month 4500 members joined up. They actually had really good functionality. He led the company's marketing activities from . Konstantin Poukalov is the Director, 10% Owner of Landos Biopharma Inc and owns about 14,869,915 shares of Landos Biopharma Inc (LABP) stock worth over $6 Million . He's also become a mentor in 500 Startups and is anactive angel investor. Our estimate may be low though. 2003 is when LinkedIn first launched. So I studied engineering but also studied organizational theory and sociology and psychology and really bringing these things together is just my passion and LinkedIn very much fits into that. Once we got that feedback were like, okay, no. But Im really enjoying my time. Why did you, when you were looking at starting out, think that all those other businesses failed? What you did was suck in the contacts from AOL or whatever, email, Outlook but you also said, These are the guys who are on LinkedIn. I am a social architect with a passion for exploring the intersection of psychology, sociology and computing. So we felt quite confident that the premium model was going to work and it would work more instantly. Thank you all for watching. It wasnt like I just all of a sudden left and he said, I could see how that may make sense, and he ended up investing in the company as well. if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[320,50],'starstat_yt-medrectangle-4','ezslot_1',113,'0','0'])};__ez_fad_position('div-gpt-ad-starstat_yt-medrectangle-4-0');if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[320,50],'starstat_yt-medrectangle-4','ezslot_2',113,'0','1'])};__ez_fad_position('div-gpt-ad-starstat_yt-medrectangle-4-0_1');.medrectangle-4-multi-113{border:none!important;display:block!important;float:none!important;line-height:0;margin-bottom:7px!important;margin-left:auto!important;margin-right:auto!important;margin-top:7px!important;max-width:100%!important;min-height:50px;padding:0;text-align:center!important}. This international company also specializes in shipping, engineering, electricity as well as land and real estate. Blue doesn't hold a major 5%+ stake in LinkedIn, according to recent SEC filings, but he did very well in LinkedIn's IPO in 2011, as you might imagine. But if one of your employees knows that thats usually important. $1.3B. How did you decide what to include in the subscriptions? Like search engine optimization for your LinkedIn profile because this is where a hit can really matter, it can change your career, it could change your relationship. It wasnt actually thumbs up or down it was through a recommendation. RallyPoint, the network where military service members and veterans come together, mentor, and discuss military life, announced today that Konstantin Guericke, Co-Founder of LinkedIn, will join . Access your favorite topics in a personalized feed while you're on the go. Thanks for liking this post. Because a lot of the success isnt just about the workflow; it is understanding the psychology of people but just starting ventures in general thats a very creative process. If a channel is monetized through ads, it earns money for every thousand video views. And he really does play the bagpipes. And I would be lying if there is a golden rule or a good medium. And I think that youve seen that with any company that tries to rebrand. So people feel quite good about it. And what were the results initially from that? And a few months after it launched on May 5, 2013, it was in danger of being a bomb. She said that she has a phone number on every page of her site because, and heres the stat, 95% of the people who call end up buying. One other half we built later, but the third feature we still havent built it seven and a half or eight years later. They were big. Theres often an emotional connection, if you get a recommendation its quite enjoyable to get that. What did you learn from them? Now when people try to use it for social purposes, often it doesnt. AllBiz Business Profile Search Professional Contact Details . Andrew: One more question on members and then I want to go onto why you charge people money. And Reid and I met each other that way. So then we started with $49 and we really tried to promote and LinkedIn became better known that there are job listings. So we grew very rapidly but you could see once that burst was gone the product had to work on its own because we couldnt call up the friends our friends encouraged to invite them so the product be good enough. And I got an email saying, These are people who you might know from Dale Carnegie. And basically what you guys did was pull other people who wrote Dale Carnegie and you let me connect with them with the idea that after I connected with those people who worked at Dale Carnegie and I say Great, LinkedIn just reintroduced me to old friends, I might also go out and reach out to other people at Dale Carnegie and say, Hey look, were all over here talking. LinkedIn (/ l k t n /) is a business and employment-focused social media platform that works through websites and mobile apps.Launched on May 5, 2003, owned by Microsoft. From the Postwar Boom to Global Capitalism, 1945-Today; Themes. There was some of that utility. Konstantin Guericke is the co-founder of LinkedIn, a social network for business whose mission is to connect the worlds professionals to make them more productive and successful. He was also the CEO of Jaxtr, which provides cheap international calling from mobile phones and a network that enables mobile-to-mobile calling and where members socialize around the question What do you want to talk about?. Bis er auf ein anderes Pferd setzte. So were quite proud. But now Im a consultant, Im not a full time employee and my passion is more different entrepreneurial things that Im working on. Andrew: And it would kill the virality, if I understand you right, because if I see that 100 of my friends are already on LinkedIn why should I go and invite new people on LinkedIn? We called it always the fishbowl networking, but that like in the real world youd be introduced by somebody. LinkedIn might have gotten screwed out of $130 million, but the early members all did pretty well for themselves. I also have kids and theres lots of problems that you see as a parent and toys and kids. A lot of people now dismiss Friendster, but they dont remember how big it really was at the time. People are not doing that enough. But we found if we . Konstantin: So when people read about all the privacywhy its a safe thing to do they would actually start being concerned about it. And now were just waiting in a couple years well be the FourSquare of business or the Twitter of business. LinkedIn cofounder Jean-Luc Vaillant was vice president of engineering and took over the CTO title after Eric Ly left. I would understand, okay. You better invest in it.. Andrew: Me too. It was a lot of little things and really our growth at LinkedIn has been very much like a machine. So were not as interesting to people that are retired. And so youve got to look at why did some of the group buy in not work then and why is Groupon working now? Maybe I would take one of his ideas and run with it. Look at the biggest point that she made. sex or gender. his net worth has been growing significantly in 2021-2022. Eric Ly had cofounded a string of startups before he cofounded LinkedIn as CTO. . Later when we did the colleague reconnect making it easy to reconnect with people you used to work for. But it turns out lots of people wanted to look for that existing friend. Plus, they could attend speaking presentations. But what only some percentage does is take the next step and solve an actual business problem and thats been a hard one for us to work on and the emails were one way we did that and that worked to some extent. But basically as people got more applicants we could charge more. But we very purposely decided not to do pictures because there was one very visible way for people to understand that this is a different kind of network, that business networking is a separate thing from social networking. But very often, actually when we tested it. And they think of each new contact as potential revenue but they dont have an immediate transaction in mind. But Im also thinking about some other ideas as well. But you dont want to repeat the same mistakes. Thats my advice but everyones different. And as long as you learn the lessons theres a good chance itll pay off. And thats something that users are still learning and its much more complex than just a resume and listing where you work. 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