But in terms of Plaxo, I think the issue was that they tried too hard to be viral and they ended up really turning some people off. Events. 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. So, what you did come out with was just profiles, but that profile leg of the stool, one of the three things that you were going to do, still had more than just a profile, right? Friendster had already done a good job. Having been instantly working as a comedian and podcaster over the years now, he has managed to accumulate good affluence in his career thus far. Below is an estimate of the average earnings from advertising on the channel, depending on the language, price, and the current audience. Konstantin Guericke, son of a north German teacher couple, studied at Stanford University in the United States. Recognizing the potential of the Internet with its vast networking possibilities, Konstantin and his future co-founder Reid . Big question for today is how do you build a site that over 80 million business people become members of? We will continue to update this page, so bookmark it and come back often to see new updates.The world's population was 5,055,636,132 and there were an estimated 138,691,278 babies born throughout the world in 1987, Ronald Reagan (Republican) was the president of the United States, and the number one song on Billboard 100 was "(I . Below is an estimate of the average earnings from advertising on the channel, depending on the language, price, and the current audience. Thats not bad. LinkedIn cofounder and Stanford alumnus Konstantine Guericke, '90, MS '91, shares personal anecdotes about how LinkedIn came to be the world's largest social. Konstantin: Lets see. Sections. And so, people would find out about LinkedIn because theyre engaging a programmer, heres an opportunity for you. February 29th, 2012. Computers, Internet, and Software It's a steep price drop - when he moved out of the Arts and Crafts property in 2013 to return to Greece, he sold it for 9.8 million. St. Olaf College Alumni Founded Companies, Deakin University Alumni Founded Companies, Boise State University Alumni Founded Companies, Dartmouth College Alumni Founded Companies, Startup School by Y Combinator Alumni Founded Companies, Vellore Institute of Technology Alumni Founded Companies, Medical Device Companies With More Than 50 Employees, Center for Digital Technology and Management, CDTM Alumni Founded Companies, Total number of current Advisors and Board roles the person has, Number of Organizations that the person founded, The organization associated to the person's primary job, Where the person is located (e.g. You hold steady to your belief and what really helped me hold steady to my belief is whenever I would meet with a friend and he would say, Yeah, I havent been on LinkedIn for a couple months. I would ask them, So what are your top priorities this week? Its dead simple and very effective. He is based in Silicon Valley. And also I kind of wanted a self-updating address book because it was a real pain to keep in touch. Its like one thing, you start a company and you can see Friendster just grow really quickly and see MySpace grow very quickly and Facebook grow very quickly and youre making progress but just not at that rate. You've probably heard of Lynda.com. It has attracted 1.17 million subscribers. Konstantin: I think it comes down to branding often. So I needed something more like PowerPoint which provides the template where I just fill in the blanks. If my friend knows a friend who knows a friend who knows a friend who knows that VC Im not going to send it out because itll be awkward traveling through three or four different people. When we launched we had the network logged to four degrees but over time we really learned that three degrees is what people feel most comfortable with. I understand you fight back and you rebel against that. The group currently owns a number of Ukraine-basedelectric energy equipment factories. . Why did you guys not accept that as a reason to not do what you did? He's currently focused on adding features that make people use the site daily, such as the news site, LinkedIn Today (now called Pulse), LinkedIn Groups, and LinkedIn's messaging and email products. Konstantin's net worth may really be higher than $347.32 thousand. But Im really enjoying my time. And it takes up a lot of time to be with a child. Net Worth Spot is not associated with YouTube. What happened to that? He is currently a partner at the venture capital firm Greylock Partners and a co-founder of Inflection AI. At LinkedIn, Ly worked on a lot of the core features that helped you find your friends on the site, including the search algorithm and that cool feature that ties LinkedIn to Outlook. But we werent seeking out anybody. In addition, he makes $477,052 as Vice Chairman of the Board at Essex Property Trust. He used Shopify. Theres nothing really in it for me. So we had to draw those distinctions. Andrew: Im sorry but Ive got to dig in deeper on 350 to 4500 members. I cant hear you. Konstantin pockets an estimated salary of $89,120 annually. . I remember Guy Kawasaki raved about it and other people raved about it but most of us didnt use it. Well, the platform he used is Shopify. Auf LinkedIn knnen Sie sich das . So theyre very happy with that. 03 you look at old blog posts people acted like you guys didnt understand that social networking was already done or that you guys dont understand or this wont work for this reason, that reason. and M.S. Konstantin Guericke is a Senior Vice President at HCF Management based in Lima, Ohio. First thing youre asking people to do is come one and write their resumes. After the IPO, he left Netflix and went on sabbatical. LinkedIn. I invited Konstantin to tell us how his vision grew into such a big company. LinkedIn Co-founder Konstantin Guericke - The keys to building a long lasting B2B Network by Metrics that Measure Up. Scott Edward Walker is the entrepreneurs law. LinkedIn went public in 2011 for $4 billion and was purchased by Microsoft in 2016 for $26 billion. So it still helped us I think but it doesnt make you excited as an entrepreneur to everyone reading where a lot of people say, this is not very good because you are concerned obviously when people Google those things show up and people may just decide not to join the network. So were quite proud. So the initial burst came really from that circle. in Engineering from Stanford University. So those are the opportunities that I know because I know that customer segment well. Groupon did something completely different before theyre Groupon. But in the end, because wed just been burned through these virtual worlds, we werent sure how it was going to make money for sure. Konstantin: Well, we knew it would be just a fun experiment for seeing whos within six degrees of you has become a novelty factor but its not really something thats going to keep peoples attention. Konstantin: Yeah, we would meet. Email . And remember Patrick Buckley who I interviewed? How effective was that? The net worth of Konstantin's channel through 19 Jan 2023. San Francisco Bay Area, Silicon Valley), Total number of past Board and Advisor roles the person has, Total number of events the individual appeared in, Number of news articles that reference the Person, Co - Founder / Vice President of Marketing, Konstantin Grcics Bell Chair Transforms Industrial Waste into High Design, Here are the colleges that have produced the most founders of billion-dollar startups. Andrew: Ive got a good sense of what you were looking for. And do you remember when I interviewed Sara Sutton Fell about how thousands of people pay for her job site? So we felt, lets just start this. They kind of started in LA where they were starting to make inroads into entertainment where degrees of connection and referrals and so forth are very big in Hollywood as well. He says, "I tried to be a manager for a while, and I realized that it is not something I enjoy very much.". Konstantin: Thank you Andrew. In addition to serving on the boards of several startups, Konstantin continues to advise LinkedIn on the company's activities in the German market. 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. However, it's uncommon for YouTube stars to rely on a single source of revenue. Andrew: It takes up hours and hours to launch a company and deal with all the critics and the cynics and the supporters and the fans and the co- workers and the investors. Come on join us. That was one of them. Was it something else that Im completely missing? Number of shares pre-offering: 14,047,978, Number of shares pre-offering: 16,840,309, Number of shares pre-offering: 19,066,032. He built a store to sell it, and in a few months he generated about a million dollars in sales. Its the best test. Konstantin: I think one of the areas Im actually looking at is the LinkedIn API. And people have always been happy to pay more because theyre just lookingam I getting a number of applicants but also whats very important is the quality applicants. Disclamer: Konstantin Guericke net worth displayed here are calculated based on a combination social factors. Konstantin Guericke is an entrepreneur who was most recently CEO of jaxtr, a Palo Alto social communications start-up with over ten million registered users that was purchased by SabSe Technologies in June 2009. So it just took a while. Well get some marketplace going so that we get to tap into those bigger revenue dollars down the road. Andrew: You had an idea that you had three features that you were going to launch with and one you still havent even launched. Theyre doing something interesting, bringing together mobile phones and social networks. He went to another hot up-coming company: Netflix. I would struggle with a good way to come up with it. Can you talk a little bit about that? Im Profil von Konstantin Guericke sind 11 Jobs angegeben. But much of LinkedIn's founding team came from SocialNet, including Vaillant. Twitter, even afterwards. Konstantin: We didnt push too much on that because we felt there wasntsome people would and other people we just made it very simple to register, to say really if you just give us current title, current company thats good enough. She worked up to VP of revenue and customer operations before being recruited by Anne Wojcicki to become COO ofWojcicki's genetics testing startup 23andMe in 2008, a job she left in 2010. So I think thats why we ended up coming back to it because actually one thing that I remember Reid said is that like, You and I know this would be useful for us to be able to tap into our second degree. So even if this venture doesnt really succeed, because he had been at PayPal so hed been quite successful there, he said, Ill pay to keep the service running and this may be just something we can use for our career independent of whether its a commercial success or not. And so it felt like at the minimum that would come out of it. And so thats really where I think most ideas fall apart which is a real shame because there are so many great websites out there that actually would help people but people dont know that they even exist. 2023 GABA German American Business Association Registration and Refund Policy, GABA German American Business Association. Do I have the right people working on it? Konstantin: We launched with both. Theres often an emotional connection, if you get a recommendation its quite enjoyable to get that. They came up with one idea: let people upload their email address books to see which of their friends had joined. And that company name is on there. To be found I really should put more information in. Part of it was driven by pictures that now people have because when SixDegrees existed there werent really digital cameras around very much. The 13-bedroom mansion where King Constantine II of Greece bought after being exiled from his native country during the 'Colonel's Coup' of 1967 has sold for 6 million. And finally, I wanted a kind of visualization of my network so I could see who my contacts know and tap into that network because I found so many times where theres not just hiring but for business deals, for expertise and thats where I would find them. I didnt do it to earn money. Konstantin: It was that we knew some people that were well-connected and who would basically invite people to the site because they trusted us. Andrew: I want to be very careful with the time but Ive got to ask you about the Digg-like yellow pages that I saw an article in Tech Crunch 2006 about. GuerickeGuericke25Guericke Educalingo Go back to like a minute and a half after the intro of this interview where I do the commercials, go about a minute and a half in and relisten to it and thank you for watching the first time, the second time, the third time and so on. #2190 Konstantin Sixt on the 2022 Billionaires - Konstantin Sixt, together with his brother, Alexander, owns 56% of Sixt SE, one of the world's largest . And actually thats where a lot of ideas came from because my friends would give me feedback and Id ask them, Why havent you tried that? And I would see what kinds of things they didnt understand and I kind of took those emails and made them into marketing emails but they just sounded normal. Stanford University BS Engineering 1990. Here are the stats for the last two weeks, separated by days. He is currently married with three children. The rest of it was worth $17 million opening day and, if he kept it, would be worth about double now. Tambm compartilhamos suas informaes de uso do nosso site com parceiros de mdia social . 5x7 $20.00. So we felt quite confident that the premium model was going to work and it would work more instantly. So I love that creative part of it. [INAUDIBLE] I dont think they did [INAUDIBLE]. We called it always the fishbowl networking, but that like in the real world youd be introduced by somebody. Someone is going to suffer and it usually is your family. 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. Konstantin Guericke has participated in 1 event, Slush 2016 on Nov 30, 2016. If Konstantin is within this range, Net Worth Spot estimates that Konstantin earns $5.79 thousand a month, totalling $86.83 thousand a year. The predictions are reviewed by editors and industry professionals. But one of our co-founders handled more the product piece which I think is the more interesting. Andrew: Didnt other social networks already do that when you launched? Theres probably better ways to get rich than being an entrepreneur. Its really quite well done. So we always look at two things. Konstantin: I was working on the marketing piece, on the outbound piece. They had the reputation at that point. And so now its much more interesting to look at a profile with a picture. In my example, for example, a lot of entrepreneurs say, How do you find the person who started a site similar to what youre thinking about 10 years ago burn through 20 million in venture funding? Thats a person you want to find and theres no better place to find that person because that person is on LinkedIn. Thats not what its designed for. And now we cut off the top of your head. Can you repeat what you said? Andrew: You also put a little note, or a little icon, next to every paid member, right? Statements. Konstantin: Well, I remember we looked at doing something around time capsules so people can pass something on like a digital time capsule to their friends and things like that. TypicallyIm not 100% sure. So, how much is Konstantin Batygin networth at the age of 35 years old? #1818 Konstantin Nikolaev on the 2019 Billionaires - Konstantin Nikolaev and his partners Nikita Mishin andAndrei Filatov own a third of Globaltrans, Russia's . So we started with $49. What did we do? . Login or become a premium member. We met on a panel at the avatars conference. On a personal level? 0 references. He's also become a mentor in 500 Startups and is anactive angel investor. But what do you do when its slow growth and its not going monster and you see all these other sites explode. Born in . Search Background Check Edit Listing. People just have a certain perception of what Digg is about and for LinkedIn for a lot of people its a place for your record, where you reconnect with colleagues and have a place to park your resume. Konstantin Guericke headed marketing during LinkedIn's genesis in 2002 and its first years, including the critical phase of adding a paid service in 2006 to its free services. The other thing to remember is when you launch often you do get a couple thousand people just from blogs and some of the media attention that comes out there. If youve read his articles on Venture Beat, you know that he can help you with issues like raising money or issuing stock options or even deciding whether to form a corporation. Andrew: Youre a much better person than I. I would get a tee-shirt made and it would say LinkedIn with the logo and underneath say, Yeah. Previously, Konstantin has been the CEO of jaxtr, a social communications start-up with over ten million registered users, and he also served on the boards of Rallypoint and Whitepages. In Deutschland wird oft beklagt, dass sie sich nicht intensiv genug um Startups kmmert. What was it? One more thing that you mentioned earlier. Konstantin: Just when it comes up. It is very hard once you establish a brand for something specific its hard for people to look at it in a new way. Ian McNish also joined LinkedIn in 2002 as a founding member and spent the next 10 years building the network and data centers that would eventually support millions of LinkedIn users. Reid worked on Relationships.com which became SocialNet and then PayPal. If you have an idea to sell anything, set up your store on Shopify.com because Shopify stores are designed to increase sales. in Engineering from Stanford University. Why did you, when you were looking at starting out, think that all those other businesses failed? 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. 2002-2003 he founded the business together with Reid Hoffmann, Allen Blue, Eric Ly and Jean-Luc VaillantNetwork LinkedIn and was marketing director there. And he really does play the bagpipes. 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. Follow. He left in 2004 when the company was still tiny. Question and answer sites. Do you want to tie into them? And then, These are the people who are not on LinkedIn. Konstantin Guericke (Q109910906) From Wikidata. I know why it failed. Revenue Collective, Sales Hacker, Modern Sales Pros, RevGenuis, and Bravado all dramatically increased their membership and levels of engagement following the onset of COVID.Who better to discuss the trend of B2B communities, than a founder of the world's largest B2B network, LinkedIn. Please enter your email address to continue, Create products people want (By building in increments). I use it quite regularly and the results are very good. Number of shares pre-offering: 14,047,978 Percent of total shares: 15.6% What they're worth*: $1,404,797,800 Service providers look for clients so I think thats one of the many upsides that LinkedIn has. and must be updated when channel data changes. 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 . They wouldnt want to expose who their contacts are, they wouldnt do that. By clicking Sign up, you agree to receive marketing emails from Insider Konstantin Guericke net worth Jan, 2023 Konstantin Guericke is an entrepreneur who was most recently CEO of jaxtr, a social communications start-up with over 10 million registered users that was purchased by SabSe Technologies in June 2009. Konstantin Kisin Net Worth. So what they did was other sites allowed you to suck into your contacts and maybe invite them.
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