Major control shakeup at LinkedIn

Following two-Year stint through which he helped propel dramatic growth, LinkedIn Corp. Leader Dan Nye is handing back the reins to company founder Reid Hoffman in a major leadership shakeup at one of Silicon Valley's hottest companies. In another unpredictable twist, Several other Yahoo Inc. Executive Jeff Weiner will join LinkedIn as interim us web design manager to oversee day-from-Day locations. Weiner will remain in his current role as executive in residence at investment capital firms Accel Partners and Greylock Partners. The latter is a trader in LinkedIn. The length of Weiner's tenure is not determined. Weiner, Who will are accountable to Hoffman, Has been mentioned just as one candidate to replace Yahoo CEO Jerry Yang. He has more than 14 years of consumer Web have, Holding key command roles at Yahoo. It is not clear whether he is being groomed for an immutable role at LinkedIn. "I am here to help expand Reid make [the] Vision a real possibility, Provide it and scale it, Weiner said in a joint employment with Hoffman and Nye.. The LinkedIn shuffle was precipitated by the high-Profile hire recently of Dipchand "heavy" Nishar, The yahoo or research engines Inc. Manager behind the search giant's mobile business and other products. Nishar is leading LinkedIn's efforts to develop new offerings. This led to a post held by Hoffman, Who has shifted his focus to leading strategy and vision for LinkedIn. Nye, A veteran software business, Said he will continue to be aboard until mid-January to relieve the transition. He Dear Soon To Be Ex Smoker: Have You Tried To Quit Smoking Before? Do You Seem To Just Lack The Will Power To Do It? I’m Going To Help You Harness The Will In Will Power, To Focus The Power You Will Need To Quit Smoking Now! Harnessing Motivation To Quit Smoking will also continue to advise freebies. He said his flying, Which he has discussed with Hoffman for recent years months, Was suitable for him and suitable for LinkedIn. "Reid is the right guy to take the organization forward, Nye wanted to say. Hoffman is a veteran Silicon Valley entrepreneur credited with helping spur the Internet boom of the last a long time. Read our shape of him here. LinkedIn is a service that lets specialists create online profiles that help them more easily connect with other pro's to get advice, Find jobs or business qualified prospective clients and make key hires. Before two years, Hoffman and Nye teamed to grow the site from 8 million to 33 million members and turned it into content creation rare moneymakers to emerge from the burgeoning social networking space. The very good company now has five different revenue streams: social media marketing companies6, Online subscribers, Job articles, Corporate headquarters sales and surveys. It raised $53 million from funding your company at a $1 billion valuation in June and an additional $22.7 million from software partners, Counting SAP Ventures and Goldman Sachs Groups Inc, In april. It really is coming off a record fourth chicago advertising agencies quarter, Hoffman described. LinkedIn executives refused to debate annual revenue, But corporation is expected to hit about $100 million. LinkedIn has not gone untouched in the sharp downturn that has roiled Silicon Valley and cost the regions tens of thousands of jobs. The corporation recently laid off 36 people, About 10% from the staff. But Hoffman said LinkedIn have not seen a dip in social media marketing companies6, Which is the reason about 20% of its revenue. Page views have skyrocketed as workers be concerned with their jobs or seek new ones. Job merchandise have flatlined but not declined, Hoffman pronounced. LinkedIn commands some of the very best ad rates on the Web. "We are poised to drive the company one stage further, Hoffman celebrity fad. "Every rational person is nervous about what 2009 appears to be like, He was quoted saying. "We are hopeful that 2009 most likely the years where we further demonstrate what a big company we can build. To date, We have no flagging data in any area of our business so we are very hopeful