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Published · transcript-backed

Ben Gilbert: evaluation

16 Jun 2016 Acquired LinkedIn

“I remember reading The Facebook Effect by David Kirkpatrick and in that book he kind of talks about that there was a group of people that were in Silicon Valley that were super involved in a lot of tech products and realized that social networking was going to be the next big thing and that it explains their fast time to market because I think that with Friendster right around then –”

— Ben Gilbert

Source trail

Everything needed to verify it.

Speaker
Ben Gilbert
Attribution
Verified speaker
Claim type
evaluation
Recorded
16 Jun 2016
Publisher
Acquired
Episode
LinkedIn

Transcript context

…2002. So, PayPal was acquired – as we talked about several times ago – was acquired by eBay in July 2002. In December 14, 2002 to be exact, less than six months later, several former PayPal-ers led by Reid Hoffman ban together and they form a new company and they call it LinkedIn. So they started in December and then they worked really quickly and they launched an MVP very quickly, especially again this is pre-AWS time, they launched an MVP in May of 2003, and it is a social network. Social networks are hot then. I remember reading The Facebook Effect by David Kirkpatrick and in that book he kind of talks about that there was a group of people that were in Silicon Valley that were super involved in a lot of tech products and realized that social networking was going to be the next big thing and that it explains their fast time to market because I think that with Friendster right around then – Yeah, that’s what I was going to say.…

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