2011 – LinkedIn Becomes Publicly Traded –After substantial growth and a good deal of private investment, LinkedIn moved to the stock market as a publicly traded company in 2011.They also opened an International Headquarters in Dublin, Ireland and acquired mSpoke, a startup specializing in promoting relevant content through recommendation technology. 2010 – LinkedIn Gets Huge –Growth hit a huge milestone in 2010, a year which rounded out with 90 million members and 1,000 users.This transition created a clearer path to growth both domestically and internationally, which would include the first acquisitions of the company. 2009 – Jeff Weiner Takes the Lead –The current CEO of LinkedIn, Jeff Weiner, took leadership of the company in 2009.The first international office opened in London in 2008, and Spanish and French versions of the site were rolled out. 2008 – LinkedIn Goes Global –After spending several years growing within the United States, LinkedIn took its first steps toward becoming a global social network.With membership approaching 10 million, a Customer Service Center opens in Omaha. 2007 – LinkedIn Gets New Leadership –Reid Hoffman stepped down from the role of CEO in 2007, passing the reigns to Dan Nye.This would also mark the first year of profitability for LinkedIn. Public profiles gave people a chance to connect with other professionals, and features like People You May Know and Recommendations were launched. 2006 – LinkedIn Launches Public Profiles –2006 was a turning point for LinkedIn, because the site started the feature that it’s most known for today.As membership grew, the company did too, opening a fourth office. 2005 – LinkedIn Starts Generating Revenue –By 2005, membership exceeded 1 million, and the site launched two business lines that started generating revenue: Jobs and Subscriptions.Membership moved from the hundreds to hundreds of thousands through 2004. 2004 – LinkedIn Grows a Base of Small Business Owners –Through its second year, LinkedIn saw accelerated growth as features designed to appeal to small business owners, like address book uploads, Groups, and partnership with American Express, were rolled out.
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At the end of 2003, LinkedIn had a mere 245 members, many of whom were professional connections of the founding team. 2003 – LinkedIn Launches –LinkedIn was officially launched in May, 2003, but it was not an immediate hit.Below, you’ll see a timeline of LinkedIn’s first 10 years. Initially, growth was slow and limited, but growth became explosive as the features of the site grew. Reid Hoffman partnered with a team made up of people from two of his former projects, and PayPal, to create the site. LinkedIn was founded in 2002, but the site didn’t launch until 2003. 2 What Does the Future Hold for LinkedIn? LinkedIn’s First 10 Years
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