So it actually turned out the opposite and its very head-scratching to see people connecting with each other and inviting their friends but theyre not really taking advantage of that network that they have built. Whats your biggest struggle in business? And he would tell me about it and I would walk with the person to my office afterwards and say, Okay, let me show you how you might be able to solve that problem. Because almost always solving a problem involves information or people so you need to find the right person or you need information. Andrew: So you charge the people who are looking to make connections not the people who are looking to network. But we found if we . Two weeks after /">laying off 30 percent</a> of his employees, Jaxtr CEO Konstantin Guericke finds himself out of a job. Konstantin: I was working on the marketing piece, on the outbound piece. Why not launch it earlier? The rest of it was worth $17 million opening day and, if he kept it, would be worth about double now. The interview isnt just with an interesting person who did interesting things but you expressed those ideas well and you told those stories so well that I was just jealously hanging onto this interview as much as I could. And remember Patrick Buckley who I interviewed? In fact, I would say most of the blogs were critical and felt that LinkedIn was half-baked and not useful and all these things. It was more like what I would tell my friends in email. It was a good learning opportunity. We did share the idea with a few friends but we told them not to share it and theres no leak. . Events. sponsored content and product sales, which are not reflected in these numbers. When Microsoft acquired LinkedIn in 2016 for $26.2B, it was the world's "largest social networking site focused on the working world" with more than 400 million registered . Theres much more trust in three degrees. They actually had really good functionality. Why did you guys not accept that as a reason to not do what you did? So we would segment our user base into fairly small segments and look at what is the type of message that may be useful. He describes his first day at LinkedInlike this: "As part of the founding team, my first day in our 'office' was in serial entrepreneur Reid Hoffman's apartment. You can have people write in and say how great the site is and they can have a success story but if you then ask them to pay for it and they say, No, then you know you havent quite been there. Let's now take a look at the Top Social Media Platforms in 2023 that gives you a complete walk-through of sites that will help you to decide professionally:-. What else would I spend $25 on for a networking event or something like that? Im so glad you let that phone ring or somebody else pick it up because and keep going because this has been a treat for me. If I was still there people usually ask what you do and then you can just say it: this is what I do and this is the company. We worked pretty hard trying to decidewe always knew there would be a premium level of it but which segments should we go after, what features are on the premium, those were hotly contested when we went there. Andrew: How did you get so much press? Konstantin is a popular Entertainment channel on YouTube. And that company name is on there. From the Postwar Boom to Global Capitalism, 1945-Today; Themes. One we call the searchers and one we call the networkers. So thats really what we spent most of the time talking to those people rather than encourage them to fill out their full profile is share it with their friends. Either they would say, Oh, Im sorry. He kept his LinkedIn stake, selling $1.3 million worth in the IPO, the New York Times reported. What happened to that? Two decades later, in 2015, LinkedIn . And partly it will be determined what the customers say. This income is valid for channel visits till Jan 19 Why dont I just connect with these 100 people and if I like it on then later maybe invite people? So I see that as a big obstacle here. 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. Last Update. I talked with Reid about it and he had some ideas of his own that kind of dovetailed with this. These people who were important contacts didnt just stop there, which is a lot, to give you feedback and to engage with your site but they also went out and they reached out on average to over ten of their friends and said, Come join this new site. Was it that you asked them to invite their friends and try it out? 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. Its kind of like Facebook Connect. Once we got that feedback were like, okay, no. Today, LinkedIn is the world's largest professional network with 774+ million members in more than 200 . how much does TheCOUB - make. : #konstantin . Konstantin enjoys mentoring student and European entrepreneurs over walks and holds a B.S. We were both doing virtual worlds, virtual communities. Everybody likes to have fun, right? as well as other partner offers and accept our. Konstantin shares the key differences . Currently, he is Board member of several startups and Mentor of student entrepreneurs at Stanford University. Estimation. 10/21/2022 1:41 PM. Konstantin Khabenskiy is 49 years old (in 2021). We didnt have recommendations at the beginning but we kind of launched that to make people see its something different than a resume. I cant hear you. 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? I would struggle with a good way to come up with it. 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. Guericke sieht das anders und glaubt nicht an die durchschlagende Wirkung von staatlichen Untersttzungsmanahmen. But if one of your employees knows that thats usually important. Im seeing youre in an ordinary place. He was born on January 11, 1972, in Saint Petersburg, Russia. So those are some things that I think are underutilized but once people have that one experience where they try to solve a business problem with LinkedIn and it works they tend to become very loyal, very active and quite willing to pay. Theyre going to do it before me. But really, timing is everything, and luck is a lot of it, too. The net worth is calculated based on the publicly available CPM (cost per thousand views) paid by advertisers. So some people asked us, what did you do right? She stayed for almost five years to 340 employees and was a big reason for that growth, having joined as "chief of staff" wearing hats like CFO, acting VP Product, and HR. Konstantin Kisin Net Worth. So thats always a problem Im actually trying to help one day to solve. And so bringing them into the network was through an invitation to connect, but by letting them know about a certain need theyve joined the network and joined much more naturally. If Konstantin makes on the higher end, ads could bring in up to $156.29 thousand a year. Andrew: I see. He is based in Silicon Valley. Activity. What you did was suck in the contacts from AOL or whatever, email, Outlook but you also said, These are the guys who are on LinkedIn. But that to me just isnt that interesting. $17,514. Today he's a venture capitalist at a firm he cofounded, NextView Ventures, which specializes in seed rounds. And it takes up a lot of time to be with a child. The net worth of Konstantin's channel through 19 Jan 2023. In addition to serving on the boards of several startups, Konstantin continues to advise LinkedIn on the company's activities in the German market. Again, this feature in itself doesnt really give you growth because the other people are already on LinkedIn. Konstantin net worth for February 2023 - And it seems crazy. Konstantin: It was a combination of two things. They were interrupting people in that quiet office environment. 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 . So those are the opportunities that I know because I know that customer segment well. Just imagine you have a car, another car comes by and goes faster and the next car goes faster. Select Material: 4x6 $15.00. Now this segment is pretty large; we dont probably cater too much to blue collar but white collar people we think our segment is about half a billion people so pretty good size but not as big as maybe some other sites that are just trying to do fun stuff. He didn't stay long at LinkedIn, either. And the searchers just contact very specific people. What were those three features that you had in mind? Reid Hoffman completed his graduation from Stanford University in 1990 and post-graduation in Philosophy from Wolfson College, Oxford in 1993. . I remember Guy Kawasaki raved about it and other people raved about it but most of us didnt use it. Later when we did the colleague reconnect making it easy to reconnect with people you used to work for. Konstantin: Well, actually I did talk to Reid back then because we had met. And now we cut off the top of your head. Technical stuff.". Im an engineer by training. Now when people try to use it for social purposes, often it doesnt. Theres one question everybody wants answered: How does Konstantin earn money? He built a store to sell it, and in a few months he generated about a million dollars in sales. So how are they going to pick you? Why do you think they didnt make it in the field that you were jumping into? In addition, he makes $477,052 as Vice Chairman of the Board at Essex Property Trust. So, that addsand I dont want to make an introduction for someone else because its going to reflect on [INAUDIBLE]. It has attracted 1.17 million subscribers. If a channel is monetized through ads, it earns money for every thousand video views. I thought the butler would be holding onto the webcam and another butler would be holding onto the microphone. Especially, I tend to like things that relate to utility where something helps people opposed to fun and entertainment. I know that you had a consistent and steady growth at LinkedIn and you continue to. So people feel quite good about it. And we can get click through rates around 20% often. How do you do that? Email . I use it quite regularly and the results are very good. It was just I usually have 10 or 12 different ideas for businesses that I want to start, and Reid has probably the same or more. Youre one of the co-founders of one of the top Silicon Valley firms. And not searching for someone you know but searching for a kind of person who has the information or the kind of person that you need in your business thats going to help you solve a business problem. Konstantin: Beginning, in order to see the market, we gave away free job listings for a couple of months and lots of people took us up on it. Not that interesting to college students. Before jaxtr, he co-founded LinkedIn, which with over 15 Million European members is Europe's largest business network. 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 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. And so youve got to look at why did some of the group buy in not work then and why is Groupon working now? LinkedIn-Mitgrnder und Netzwerk-Profi Konstantin Guericke. LinkedIn was founded in December 2002, with a couple handfuls of people. In 2002 Konstantin co-founded LinkedIn with four other entrepreneurs, including Reid Hoffman. You just go, you get your development key and within a couple minutes you can get up. Is there anything hesitating? And again, either they would end up doing it and we would grow or we would get some feedback whether it was some misunderstanding and so forth. Same thing happened to Friendster and all these other networks. Konstantin Guericke, a co-founder of LinkedIn who later led the VoIP startup Jaxtr, is now a full-time investor with Earlybird Venture Capital. So some just do that naturally. Its the best test. Because LinkedIn created the API because LinkedIn knew they couldnt cater to all segments equally well and do that. Its very popular before investing a lot of money into a stock, people want to really do their due diligence on the investments and talk to as many relevant people as possible. Andrew: You also put a little note, or a little icon, next to every paid member, right? If you have information about Konstantin's exact income and audience by country, please send us the necessary corrections. Konstantin's net worth may really be higher than $347.32 thousand. Andrew: On a personal note finally. One other half we built later, but the third feature we still havent built it seven and a half or eight years later. Come on join us. That was one of them. Or something like the LinkedIn answer section. Stanford University MS Engineering 1991. Very easy to find and hes probably happy to help you. . He's been working for himself as a consultant for the last decade, according to his LinkedIn profile. He came up with an idea for an iPad case. But then, it kind of imploded pretty quickly as well because there really was no purpose or value to it. And how did that come about? How effective was that? Its really quite well done. Most start ups are like that. On an internet where foreign governments treat Facebook like Gutenberg's printing press and white supremacists breed hate speech in Twitter's petri dish, perhaps LinkedIn is the normcore social media we need. Our challenge is mostly to move people from that first stage where theyre just reconnecting with friends and enjoying that process, theyre not willing to pay for that. Guys, now that the interview is over it doesnt have to be the end of your time with Konstantin. and M.S. Number of Events 1. 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. Andrew: Reconnect, if I understand it right, I think I got one of those emails because I had Dale Carnegie as one of my past jobs. He left in 2004 when the company was still tiny. So you can find that balance but I think you might have to do it in stages. But that was definitely pretty hard to see. 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. But it usually had to do with customer intermediaries. Our estimate may be low though. But basically as people got more applicants we could charge more. One more thing that you mentioned earlier. If you want to do more theres more you can do. Please only use it for a guidance and Konstantin Guericke's actual income may vary a lot from the dollar amount shown above. We did not even have a name for the company (I am so glad we did not pick 'getin.com,' which was on the shortlist! Konstantin: Its hard. Konstantin: Andrew, it looks like you did your research. I know its blogging that got people to pay attention to you at first. Explore Eric Ly net worth, birthday, height, age, bio, salary, 2023! SocialNet was not a hit. Konstantin: Oh, this happened to be, who did my former client have lunch with the week before and mentioned it? So the recommendation had to come from a client. Im still a consultant at LinkedIn but not involved full time anymore. I expected this to be on your own personal estate. Reid worked on Relationships.com which became SocialNet and then PayPal. Welcome to Mixergy, and thanks for doing the interview. Will it pay off in a great monetary way? 1. Sehen Sie sich das Profil von Konstantin Guericke im grten Business-Netzwerk der Welt an. Adems, compartimos informacin sobre el uso del sitio web con nuestros partners . So I needed something more like PowerPoint which provides the template where I just fill in the blanks. human. The rest of it was worth $17 million opening day and, if he kept it, would be worth about double now. It was very clear what it was about, it was usually theyd try to do a win-win transaction and the majority of people think of LinkedIn kind of as their office. They were looking for contacts. Sinnimos e antnimos de Guericke e traduo de Guericke a 25 lnguas. Konstantin: So when people read about all the privacywhy its a safe thing to do they would actually start being concerned about it. Kind of like the American system for vacation because most people get 10 days for vacation and Im more used to from Germany its six weeks. If you want to find Konstantin you know you can find him on LinkedIn. About Konstantin Grigorishin Russian businessman Konstantin Grigorishin has an estimated net worth of $1.2 billion as of March 2013 according to Forbes. You have a very small sales force. I hate to even talk about this. As I mentioned in the Plaxo case that was one of the things they didnt pay enough attention to I think. No matter how you look at it, LinkedIn is one of the stand-out Valley success stories. Im Profil von Konstantin Guericke sind 11 Jobs angegeben. Andrew: How do you slip into a conversation that youre one of the founders of LinkedIn? Like search engine optimization for your LinkedIn profile because this is where a hit can really matter, it can change your career, it could change your relationship. Groupon did something completely different before theyre Groupon. 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. I see that from the outside and I think to myselfI and many people who use LinkedIn one of the things we complain about is once you get your stuff on there theres no reason to go back to LinkedIn except to quickly just grab your information and go. And how do even people find out that you exist? You guys had this service where people could thumbs up or thumbs down businesses. Online resources estimate Konstantin's net worth to be $1,412,036. It wasnt actually thumbs up or down it was through a recommendation. Thankfully that worked, the site went viral, and today it's a $25 billion company with 313 million members in over 200 countries, and an employer of 5,700. : Konstantin(@konstantin_leaks), Konstantin(@konstantin_leaks), Konstantin(@konstantin_leaks), Konstantin (@enverst), Konstantin(@konstantin). It was actually pretty hard to experience that utility but the people have that concrete story theyll say, I can see how this would be useful.. Statements. We met on a panel at the avatars conference. Edit Events Section. But its much better if you do it and then maybe start your family and go into little easier waters like advising or consulting or taking a job at a more mature start up. 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. Are very good nuestros partners that feedback were like, okay, no people us... 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'S exact income and audience by country, please send us the necessary corrections probably! $ 156.29 thousand a year and so youve got to look at what is the &!

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