Digital technology transformed business models for the media, manufacturing, and sports industries. Now shifts in how Washington works require that companies adopt new, technology-driven government affairs strategies. Here are some of the signs of the transformation underway in Washington: a decrease in Congressional action; increased complexity in regulations; the growing relevance of social media; and the proliferation of information services and access to new information. For businesses of all sizes in all industries, there has never been a more critical moment to recognize these changes and act on them. More
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Washington Is Changing. Companies Have to Change with It
Why Asia Matters for LinkedIn
As LinkedIn works to connect all the world’s professionals, CEO Jeff Weiner is increasingly setting his sights on a bigger vision—to create economic opportunity for every member of the global workforce. Since Asia accounts for a large portion of that workforce and a rising share of global economic activity, its importance for the professional network is bound to grow. At Techonomy 2014, Weiner envisioned LinkedIn as a platform that connects all the world’s workers, companies, and educational institutions. This is not an impossible dream. LinkedIn already has more than 364 million registered members globally. More
Reid Hoffman to Entrepreneurs: Balance Optimism and Caution
Reid Hoffman knows a thing or two about combining entrepreneurial audacity with savvy risk-assessment. He co-founded LinkedIn in 2003, and his venture and angel investments with Greylock Partners include Airbnb, Facebook, Flickr, Mozilla, and Zynga. "One of the key things is maintaining a sense of youthful optimism in terms of the fact that you can make a difference," Hoffman counsels. But he adds that young entrepreneurs also have to "think crisply about how you navigate risk." More
How LinkedIn Wants to Unite the Workers of the World
Techonomy CEO David Kirkpatrick credits LinkedIn CEO Jeff Weiner with planting the seed for the annual Techonomy conference, which wrapped up on Tuesday, Nov. 11, in Half Moon Bay, Calif. He also credits Weiner with building what has become a “central facility for the modern economy.” Weiner spoke to Kirkpatrick onstage Monday about his vision for the professional online network, which has grown to more than 320 million members and become “the future of connection, compassion, and the corporation.” More
A Conversation with Jeff Weiner
Techonomy's David Kirkpatrick speaks with LinkedIn CEO Jeff Weiner onstage at the Techonomy 2014 conference in Half Moon Bay, Calif. More
Thiel and Hoffman on How to Promote Innovation in a Fearful Society
Peter Thiel sees Western civilization as a society that “hates science and technology in all forms.” Reid Hoffman sees an uninformed public and political leadership that is biologically predisposed to fear death, not embrace change. And while Thiel accuses Washington leaders of being stuck in the Dark Ages, Hoffman concedes that “it’s hard to see a path to Congress having an intelligent technology strategy.” In the opening session of Techonomy 2014 on Sunday in Half Moon Bay, Calif., Techonomy CEO David Kirkpatrick provoked a frank discussion between the tech-industry-pioneers-turned-venture-capitalists, PayPal founder Thiel and his former Stanford classmate and longtime collaborator, LinkedIn founder Hoffman. More
Two Friends on Innovation, Obstacles, and Future Revolutions
How and where is society moving in this era of innovation, entrepreneurship and rapid change? Two masters of the genre talk about the next big disruptions and where they’re most needed. Where do they agree, and where do they disagree? LinkedIn co-founder Reid Hoffman and Peter Thiel of Thiel Capital and The Founders Fund tackle these and other questions on the first day of the Techonomy 2014 conference in Half Moon Bay, Calif. More
LinkedIn Takes New Step in Slow Road to China
Online professional networking leader LinkedIn took a big step towards entering the lucrative but tricky China market last week when it created a new China chief position and filled it with an industry veteran as it explores a formal service launch. The move was just the latest in the company’s slow and careful approach to China, and could boost its chances of success in a market that has proven difficult for other global giants like Google, Yahoo, and eBay. More
Why a Recruiting Startup Thrives in Detroit
With backing from Detroit Venture Partners, Matt Mosher founded hiredMYway.com in 2010. In the crowded field of online recruiting, it might have seemed an unlikely-to-succeed upstart. But as an entrepreneur since his early teens, Mosher knew how to take a fresh approach in order to coexist with the biggest names in the industry. With Detroiter moxie, he built the Swiss Army knife of recruiting sites. More
Asia Is Getting LinkedIn, But Not Everywhere
LinkedIn, the world’s largest social network for professionals, has a massive presence in Asia—over 40 million members with the user base growing daily. Yet it is substantially more successful in some places than others. India accounts for roughly half of its total users in the region. Southeast Asia and Australia together account for another quarter. Penetration in East Asia, however, is lower, especially considering how many professionals live in China, Japan, and Korea. Many factors account for differences in uptake, but cultural factors are very significant. More
It May Be Easier to Start Businesses Than You Think
My friend Loic Le Meur writes an ebullient explanation for LinkedIn of the many ways you can advance a business without agonizing over it. His main message is not to agonize, but rather just do it. Company ideas come when you least expect them; the best ideas don't flow from workaholism; mistakes are part of the package; starting before you're ready is routine; and focusing on how much money you'll make is counterproductive. More
Who Says the Internet Isn’t Making Life Better?
A standard trope these days is that we in the middle class have been slogging through a couple of decades of woe. Wages are stagnant. Our standard of living isn’t improving. The grand forces of our time—the Internet and globalization—are failing to better our lives, and may be making things worse. The numbers prove it. But here’s the problem: the traditional numbers used by the government and economists measure the wrong stuff for the twenty-first century. More
The Internet’s Most Powerful Business Journalist: Dan Roth of LinkedIn
Forget the Wall Street Journal or The Economist—according to Business Insider, the most powerful business journalist on the Internet is Dan Roth, the executive editor of LinkedIn. Roth oversees and aggregates LinkedIn Today, which brings top headlines to the site's 175 million-plus members. More
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