Konstantin guericke biography of rory

To help you find your path in life to trust, sustainable success and happiness. Sign in. Forgot your password? Password recovery. Recover your password. Building Foundations Mypaths. Based on the concept of six degrees of separation, which suggests that any two people are connected by an average of six steps of connection or fewer, LinkedIn allowed registered users to build a contact network, benefiting not only from their direct associates, but also the associates of those associates, etc.

The platform helped members map and exploit a network of business relationships and contacts much broader than the ones they maintained in real life. An important feature was that users could search the profiles in their extended network out to four degrees of separation to find someone with specific capabilities. Having found the right candidate, they could use the network to ask for an introduction.

In this way the platform paved the way for a new kind of professional people search. These contacts invited others, who in turn introduced others. By the end of the first month in operation LinkedIn had a total of 4, members sign up. In the following months the platform continued to grow fast. By April it hadusers ; a year later membership reached 4.

Although anyone could become a member, the majority of users joined by accepting an invitation from an existing member. Among the first user groups who adopted LinkedIn were business executives, researchers, venture capitalists, professional recruiters, and hiring managers. MySpace and Facebook have done really well. And I think they can monetize what they have built, probably by adding in more e-commerce.

But I think the opportunity on the business side is ultimately larger. As with many other business ventures in Silicon Valley, the strong venture capital infrastructure based in the region played an important role in the development and growth of LinkedIn. Hoffman had personally bankrolled LinkedIn at the start in order to keep the service running.

After the initial start-up phase, the venture sought a more professional way of raising additional funds. Not long after closing the first round of venture capital funding, the start-up moved to a larger office in Mountain View, California. It also enabled them to collect unique data on applicants, e. Job seekers, on the other hand, found open positions, received background information on the job poster, and could learn which of their existing professional contacts were in a position to introduce them to the recruiter or hiring manager of a target company.

By adding this application to the platform, LinkedIn focused on the recruiting industry as a key market. Guericke and Hoffman saw the potential of the platform to replace traditional job advertisements in newspapers, on classifieds web sites and job-search sites.

Konstantin guericke biography of rory

Among the competitors they targeted was Monster, a leading online recruitment service founded in by Jeff Taylor. In August LinkedIn secured a second significant revenue stream with subscription-based premium services, among them business accounts for recruiters and researchers with advanced search tools and a direct communication mechanism called InMail, which allowed members to contact other members without an intermediate referral.

With InMail, the company changed a basic design feature of LinkedIn. Within the next months LinkedIn launched additional subscription products, targeting network members who frequently needed to contact professionals as part of their job. By upgrading, recruiters and researchers could find job candidates and experts not just from their networks, but also from the complete LinkedIn network of 3.

This business line helped LinkedIn to reach its target of becoming a profitable business in the first quarter of With this diversified business model that offered different solutions to different types of users, LinkedIn reached five million registered users in March LinkedIn expanded rapidly from its Silicon Valley roots, gaining users not only in the U.

After the network had been successfully established in the U. In Europe, the network hadregistered users by Octoberbut faced competition from local networking sites for professionals which many countries had started to develop. It would take until for a German version of LinkedIn to be launched. As the largest economy in Europe and a country with high social and professional networking adoption rates, Germany represented an important market for LinkedIn.

Once LinkedIn's growth had become self-sustaining, Guericke sought new challenges. After three years of leading marketing activities at LinkedIn, Guericke started joining advisory boards in Thus far in his career he had mainly worked on the marketing side, but as time went on he became more and more interested in product development. In lateGuericke was given the opportunity to become chief executive at Jaxtr, a social communication start-up located in Menlo Park.

He left LinkedIn in Decemberbut continued to consult the company on its international expansion. I am considering areas such as conserving natural resources and supporting teens as they develop their values and identity. As a son of high school teachers, I grew up in a small town in northern Germany. I have studied, lived and worked in Japan and traveled extensively in South-East Asia.

My technical concentrations at Stanford were in artificial intelligence and reasoning under uncertainty. Most of my industry experience is in consumer Internet-based communication services and social networking, but my background also includes freemium services, SaaS and immersive 3-D worlds. SinceI have shifted from sitting to walking meetings, and I have never looked back.

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Who is Konstantin Guericke?