LinkedIn's Reid Hoffman Made $111 Million On A $37,500 Investment In Facebook

reid hoffman linkedin

Photo: Joi / flickr

In 2005, LinkedIn founder Reid Hoffman invested $37,500 in a budding college-only social network, he said in an interview at the TechCrunch Disrupt conference in San Francisco.That company was Facebook, and at the time, it was worth $5 million.

Despite the stock’s crash, Hoffman’s stake is still worth around $75 million, and he sold $36 million in shares at the IPO.

So he made approximately 3,000 times his initial investment.

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