Temitope
Temitope Akinola
LinkedIn is a social media platform that was founded in 2003 to act as a way for professionals to network with other professionals around the world. Prior to LinkedIn's introduction, professionals who wanted to establish valuable business contacts had to wade through the pictures of cats and arguments about who was right on other social media platforms. The company went public in 2011 and we are getting a good look at who really owns LinkedIn.
Reid Hoffman, Chairman of the Board of LinkedIn
If you have been following the rise of Internet mega-companies, then you must have heard the name Reid Hoffman. He started his career in 1994 as a part of Apple Computers and went on to found LinkedIn in 2002. His name is associated with such companies as PayPal, Facebook and SocialNet. Along with his wife Michelle Yee, Hoffman owns approximately 21 percent of LinkedIn shares.
Bill Elfers and Dan Gregory, Controlling partners at Greylock Partners
Greylock Partners is an organization that started in 1965, but has recently made headlines with its involvement with sites such as LinkedIn. Reid Hoffman was recently made a partner at Greylock, which helps to inflate Hoffman's investment in the company. Greylock owns approximately 16 percent of LinkedIn's shares.
Sequoia Capital
Sequoia Capital is a private investment firm that was founded by Don Valentine in 1972. Currently, Sequoia owns 19 percent of LinkedIn's available shares.
Jeffrey Weiner, CEO of LinkedIn
Jeff Weiner started his career with Yahoo! where he worked until 2008. After leaving Yahoo!, Weiner went to LinkedIn as its interim president and was eventually named as CEO. Weiner has direct ownership of four percent of the available LinkedIn shares.
James A.C. Kennedy, CEO of T. Rowe Price Associates
T. Rowe Price Associates is an investment firm that has been around since 1937. The firm currently owns over 8 million shares of LinkedIn stock which represents approximately 7.8 percent of LinkedIn shares.
Frank M. Sands, Sr. - Chariman and Founder of Sands Capital Management, Inc.
Sands Capital Management is a name that pops up from time to time on the list of big Internet company owners, but it has a major investment in LinkedIn. Sands own approximately 7.2 million shares of LinkedIn, which represents an ownership of around 6.8 percent.
Mehdi Mahmud, CEO of Jennison Associates
Jennison Associates began in 1969 and gained a slight measure of notoriety when it was one of the companies devastated by the terrorist attacks on New York City on September 11, 2001. Jennison owns approximately 5.9 million LinkedIn shares, which gives Jennison an ownership percentage of 5.6 percent.
David I. Fisher, Chairman of Capital World Investors
Capital World Investors is part of the Capital Group and currently owns approximately 5.8 million LinkedIn shares. That investment gives the company an ownership interest of 5.5 percent.
Other Institutional Investors
The remaining list of major institutional investors in LinkedIn is an impressive one and includes:
Morgan Stanley - 4.6 percent
The Vanguard Group - 3.6 percent
Baillie Gifford and Company - 3.3 percent
Ameriprise Financial - 2.9 percent
Reid Hoffman, Chairman of the Board of LinkedIn
If you have been following the rise of Internet mega-companies, then you must have heard the name Reid Hoffman. He started his career in 1994 as a part of Apple Computers and went on to found LinkedIn in 2002. His name is associated with such companies as PayPal, Facebook and SocialNet. Along with his wife Michelle Yee, Hoffman owns approximately 21 percent of LinkedIn shares.
Bill Elfers and Dan Gregory, Controlling partners at Greylock Partners
Greylock Partners is an organization that started in 1965, but has recently made headlines with its involvement with sites such as LinkedIn. Reid Hoffman was recently made a partner at Greylock, which helps to inflate Hoffman's investment in the company. Greylock owns approximately 16 percent of LinkedIn's shares.
Sequoia Capital
Sequoia Capital is a private investment firm that was founded by Don Valentine in 1972. Currently, Sequoia owns 19 percent of LinkedIn's available shares.
Jeffrey Weiner, CEO of LinkedIn
Jeff Weiner started his career with Yahoo! where he worked until 2008. After leaving Yahoo!, Weiner went to LinkedIn as its interim president and was eventually named as CEO. Weiner has direct ownership of four percent of the available LinkedIn shares.
James A.C. Kennedy, CEO of T. Rowe Price Associates
T. Rowe Price Associates is an investment firm that has been around since 1937. The firm currently owns over 8 million shares of LinkedIn stock which represents approximately 7.8 percent of LinkedIn shares.
Frank M. Sands, Sr. - Chariman and Founder of Sands Capital Management, Inc.
Sands Capital Management is a name that pops up from time to time on the list of big Internet company owners, but it has a major investment in LinkedIn. Sands own approximately 7.2 million shares of LinkedIn, which represents an ownership of around 6.8 percent.
Mehdi Mahmud, CEO of Jennison Associates
Jennison Associates began in 1969 and gained a slight measure of notoriety when it was one of the companies devastated by the terrorist attacks on New York City on September 11, 2001. Jennison owns approximately 5.9 million LinkedIn shares, which gives Jennison an ownership percentage of 5.6 percent.
David I. Fisher, Chairman of Capital World Investors
Capital World Investors is part of the Capital Group and currently owns approximately 5.8 million LinkedIn shares. That investment gives the company an ownership interest of 5.5 percent.
Other Institutional Investors
The remaining list of major institutional investors in LinkedIn is an impressive one and includes:
Morgan Stanley - 4.6 percent
The Vanguard Group - 3.6 percent
Baillie Gifford and Company - 3.3 percent
Ameriprise Financial - 2.9 percent