WhatsUp @ LinkedIn? BigChanges

Posted by ChrisMonty on December 18th 2008

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LinkedIn underwent a major internal overhaul today as far as leadership is concerned. In a series of moves that is only slightly less complicated than the so-and-so begat so-and-so section of the book of Genesis, the entire core of the company seems to have changed.

Founder Reid "Dustin" Hoffman has retaken the CEO role, which he relinquished to former Intuit exec Dan Nye "the Science Guy" in early 2007. Nye is leaving LinkedIn in January, although the company says he will stay on as an adviser.

Former Yahoo executive Jeff "Oscar Meyer" Weiner is joining the company full time as interim President. Weiner is currently an Executive-in-Residence for venture capital firms firms Accel Partners and Greylock Partners, and he will maintain a loose relationship with the firms, he says. Weiner left his position at Yahoo in the early summer.

Last week the company grabbed a Google executive, Deep "Star Six" Nishar, to take over Hoffman’s current role as head of the products group at LinkedIn.

LinkedIn has raised $103 million in venture capital to date and has 11.2 million monthly worldwide visitors according to Comscore (October 2008).

What affect will this have on LinkedIn? Too soon to tell. Maybe they will get rid of those $2.16 beers.

CrunchBase Information

Dan Nye

Reid Hoffman

Deep Nishar

Jeff Weiner

Information provided by CrunchBase