Jump to navigation Jump to search. Below is an estimate of the average earnings from advertising on the channel, depending on the language, price, and the current audience. Just imagine you have a car, another car comes by and goes faster and the next car goes faster. Login or become a premium member. If you're a premium member, you can save your likes. Born in Ukraine, this 47-year old billionaire is a graduate of Moscow Institute of Physics and Technology. Everythings supposed to be free, my friend. But we didnt really seek a lot of press coverage because we felt the product is not that good yet. Im still a consultant at LinkedIn but not involved full time anymore. I figured I couldnt afford to do a bad job at it. Europe, Menlo Park, China), Where the person is located (e.g. But the recommendation was basically specifically for a service provider recommendation. I hate to even talk about this. Part of it was driven by pictures that now people have because when SixDegrees existed there werent really digital cameras around very much. LinkedIn cofounder and Stanford alumnus Konstantine Guericke, '90, MS '91, shares personal anecdotes about how LinkedIn came to be the world's largest social. The first thing is really how do you get distribution for this because thats where most Internet businesses fail. Because people would get a lot of applicants on Monster but it was too many and too many of the wrong kind. sponsored content and product sales, which are not reflected in these numbers. Were something brand new that we havent seen. konstantin guericke TikTok. Andrew: OK. Language Label Description Also known as; English: Konstantin Guericke. Konstantin is Co - Founder of LinkedIn, where he has led marketing activities from launch to first six million members and profitability as Vice President of Marketing. AllBiz Business Profile Search Professional Contact Details . In fact it stuck around; when we launched we were the Friendster for business and three years later were the MySpace for business. Im not so much looking at am I using my in-mails every month, I just know in general Im getting $25 a month worth of value from this when I compare it. Search Background Check Edit Listing. So a lot of people in the US take their vacation in between jobs and so I think thats probably the only way to do it. But the advantage of our audience is if its useful, not just fun, its more likely that people can pay for it so per user you can monetize much better. He came up with an idea for an iPad case. If you want to do more theres more you can do. Innovative Systems Desi. Konstantin Kisin Net Worth. The net worth of Konstantin's channel through 19 Jan 2023. That just makes you a little more interesting. And we also felt if were providing utility one way to measure whether its truly useful is if we can get people to pull out their credit card. . Im sorry, the audio just cut out. Mountain View, CA . It is about your professional reputation, about making professional contacts. She said that she has a phone number on every page of her site because, and heres the stat, 95% of the people who call end up buying. We did have Rafe Needleman did put us into Catch of the Day when he was doing the Red Herring or right after that so I remember we got a little bump from that newsletter that he sent out but he was the really the first professional journalist covering us. Who cares whether the heads fully in the video but its a little disturbing when its not. Wed also seen Friendster starting to really take off on the social side. Why not charge them? He was also an early employee of PayPal in product and business development roles, staying through the 2002 IPO and sale to eBay. Get notification with the latest net worth updates for free. And when you say you promoted it in order to add value to it what was the most significant promotion? But we very purposely decided not to do pictures because there was one very visible way for people to understand that this is a different kind of network, that business networking is a separate thing from social networking. In fact, the Harvard Business School has a case study just covering that very case, all the thoughts that went into that. People felt three degrees both people know either the sender or the receiver. Konstantin: [INAUDIBLE] to some extent [INAUDIBLE]. So I have a number of ideas and I think I have the ability to just try these out and well just see which one ends up being the one that my energies focus on most. And the other one is what I mentioned: we have a lot of users on the site who are just using 5% of the functions and the really valuable stuff theyre not using. How they insisted the site be useful more than fun, so it would become a necessity. What else would I spend $25 on for a networking event or something like that? The rest of it was worth $17 million opening day and, if he kept it, would be worth about double now. They had a viral marketing engine attached to them. They were looking for contacts. as . $1.3B. depending on the location and structure of its target audience, the number of subscribers it has, how often it posts videos and how many hours the videos are viewed. Now its obviously a little harder to get someone to subscribe but we offered both. Andrew: We found what? If Konstantin makes on the higher end, ads could bring in up to $156.29 thousand a year. In 2002 Konstantin co-founded LinkedIn with four other entrepreneurs, including Reid Hoffman. You guys were like the slow car; you used that expression earlier. Andrew: I want to move on to LinkedIn, but Ive got to ask a question about how you guys would think through different business ideas. So during lunch people would naturally give us feedback. Because people do know that most recruiters are on LinkedIn these days. Andrew: When you were talking to Reid, how much of the reason for talking to him was to hopefully bring him on board or join his idea and co- found a business? Andrew: Ive been unfair with you and your time. Konstantin holds a B.S. In addition to serving on the boards of several startups, Konstantin continues to advise LinkedIn on the company's activities in the . But we felt the job listing wouldnt work instantly but we knew that Monster was doing a billion dollars in this, there was $6 billion still in the classified but we knew we wouldnt get any instant traction with it. Konstantin: We had basically two very active user segments. 2023 GABA German American Business Association Registration and Refund Policy, GABA German American Business Association. I know its blogging that got people to pay attention to you at first. I see you were there from 2002 to 2006. They felt these guys, Reid, Konstantin, Allen, Jean-Luc, Eric, theyre people in the Valley whove done some things, theyre trustworthy people, they kind of understood the vision to some extent but a lot of times they would just do it as a favor to us. In my example, for example, a lot of entrepreneurs say, How do you find the person who started a site similar to what youre thinking about 10 years ago burn through 20 million in venture funding? Thats a person you want to find and theres no better place to find that person because that person is on LinkedIn. As I mentioned in the Plaxo case that was one of the things they didnt pay enough attention to I think. If Im going to use it Im going to add more information.. So try this: go to Grasshopper.com and get a phone number that will make your company sound professional. Thank you all for watching. As a son of high school teachers, I grew up in a small town in northern Germany. Im an engineer by training. Now when people try to use it for social purposes, often it doesnt. We were both doing virtual worlds, virtual communities. Why do you think it hasnt yet gotten into our heads that this is a place where more could be done than looking up Konstantins background? No one has a proper understanding of Konstantin's actual net worth, but some have made predictions. 2003 is when LinkedIn first launched. Theyre going to do it before me. But really, timing is everything, and luck is a lot of it, too. Lets talk about the subscriptions. So give me a setback. I cant hear you. But then after the start-up I think its a good time to balance it out serially. Youll hear us mention in this program a lot of social networks that flopped. They are not going through if I was a listener this is what I might feel, they are not going through the real business struggle that I am. And according to his LinkedIn profile he hasn't dived into anything new yet. Konstantin Guericke's Phone Number and Email. But Im also thinking about some other ideas as well. So we always look at two things. I think initially there was a kind of strong dating focus. So the recommendation had to come from a client. At LinkedIn, Guericke led . You could check out LinkedIn.com and see it.. Once we got that feedback were like, okay, no. 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. What is your name? He says, Why are you coming into my office? The other person says, No. The platform is primarily used for professional networking and career development, and allows job seekers to post their CVs and employers to post jobs. Wir sprechen ber die Politik und ihren Einfluss auf die Wirtschaft. She joined LinkedIn in 2004, about a year after the website launched when it was still tiny, about 25 employees. There was some of that impact: wow. The marketing piece is important but really designing the product, a lot of it happens through the product as we talked about. Andrew: You had an idea that you had three features that you were going to launch with and one you still havent even launched. He also was a former SocialNet alum. How come I recruited this person through LinkedIn. And another person says, Oh, I didnt even think about that. 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:-. Having been instantly working as a comedian and podcaster over the years now, he has managed to accumulate good affluence in his career thus far. Konstantin Guericke headed marketing during LinkedIn's genesis in 2002 and its first years, including the critical phase of adding a paid service in 2006 to its free services. He co-founded LinkedIn with Reid Hoffman, Allen Blue, Jean-Luc Vaillant and Eric Ly, and his name is Konstantin Guericke. Again, this feature in itself doesnt really give you growth because the other people are already on LinkedIn. Our estimate may be low though. Konstantin: Well we basically knew the job listings take a while. as well as other partner offers and accept our, Meet the (soon-to-be) Facebook billionaires >>. 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. LinkedIn-Mitgrnder und Network-Profi Konstantin Guericke verrt, wie man Kontakte aufbaut - und was europische Grnder im Silicon Valley oft missverstehen. He went by the title technical operations manager, which simply meant, "Making sure that stuff gets done. 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. And, if he kept it, would be worth about double.! Strong dating focus a premium member, you can do do you get distribution for this because Where. Because the other people are already on LinkedIn these days to his LinkedIn he... Thats a person you want to do a bad job at it I grew up in a town... Product as we talked about, another car comes by and goes.... A lot of social networks that flopped channel through 19 Jan 2023 you were there from 2002 2006... Too many of the things they didnt pay enough attention to you at first through the product is not good! Allen Blue, Jean-Luc Vaillant and Eric Ly, and his name is Guericke! Went by the title technical operations manager, which are not reflected in these.., but some have made predictions I grew up in a small town in northern Germany after website! 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