LinkedIn lives the Silicon Valley dream, celebrates “In the black” party

Left: Founder Reid Hoffman welcomes guests and introduces CEO Dan Nye.

What are the chances of a web startup making it? 5%? 2%? not very good for most? We should take a lesson from business networking tool LinkedIn.

LinkedIn celebrates over 14 months of profitability, which is an amazing feat for the thousands of web companies in Silicon Valley that sprout. I first started using LinkedIn in 2000, when my Exodus colleagues were being scattered to the winds during the fallout. (Before I used my blog as a networking tool, I was one of LinkedIn’s early evangelists)

While for many bloggers like myself, we rely on our blog as our primary online networking tool, LinkedIn has many benefits. For those that don’t have hours to spend blogging each week, LinkedIn is the likely one of the best ways to increase one’s network online.

LinkedIn matters for many business folks, as it helps them to keep track of colleagues, alumni, college friends and find new opportunities. We know that 30% of all employers “Google Search” a candidate before being hired, and for many, due to heavy Google juice (page rank of 7 out of a possible 10), a personal LinkedIn profile will come up first, this is the case for many of my friends.

How has LinkedIn been helpful to me? I’ve had a handful of interview requests because of this tool, in one case at a previous employer, our competitor found out who was in the role they were seeking and asked me to come interview, smart. I’ve also been able to keep track of numerous colleagues at a variety of previous jobs and college alums.

LinkedIn has quietly kept to itself over the past few years and has emerged a winner, thanks to Mario Sundar, LinkedIn’s community evangelist for inviting us to this wonderful gala of fine food, wine, cheese, and decadent chocolates at San Francisco’s ferry building. Update: I’m told that Dave Sanford of LI had a lot to do with the wonderful pairings.

Congratulations to LinkedIn’s founders, members, and investors.



Above Video: I did my usual video walkthrough of the event.

Update: If you can’t see the video, access it directly on Viddler’s site.

Below Images: Pics I took of the fantastic spread, feel free to leave comments or tags.
LinkedIn "In the Black" UpstairsJoseph Smarr and GirlfriendWine BarMario Sunar, LinkedIn's Community EvangelistMMMM ChocolateCheese Table was AmazingSan Francisco Ferry Building and EmbarcarderoIn appreciationAwesome SpreadDave McClure samplesMr. and Mrs. Jeff ClavierLive Jazz

  • The video is showing up as unavailable. Maybe you don’t have it set up for public viewing?

  • Tim

    Unless they started in 1993 (and were always profitable), shouldn’t it say 14 quarters of profitability?

  • Tim

    Or months?

  • Hey budd,

    Thanks for being there and for your kind words. Yes, we’ve been profitable for over a year. I guess you meant 14 months 🙂

  • I fixed it, it now reads months, Al Gore thanks you. , My bad.

    So, does the video work now?

  • “Video no longer available”

    Thanks for the invite, Mario and Kay. 😛

  • “Video no longer available.”

  • Thanks Jeremy, I updated the text, which points directly to the Viddler file at

    http://www.viddler.com/explore/jeremiah_owyang/videos/2/26.847/

    I see that over 80 people have viewed the video as “embedded” (and that was just a few hours ago) so I suspect the video is working for some, but not all.

  • Hey Jeremiah,
    Thanks for coming last night and for the post! Even when i tried the link you posted to the video it says I can’t view a private video and that I have the “wrong privileges…” Would love to see it…

  • My guess is that the video is set as private Jeremiah – just change it to public and it should work.

    I still haven’t seen the benefits for linkedin:
    http://www.centernetworks.com/does-linkedin-actually-work

  • GUESS WHAT? Jeremiah has learned to use the internet!

    I changed the sharing options of the video to “everyone”. Im used to all videos being uploaded to websites as public as a default, this is different for viddler I guess.

    cdevroe (viddler community manager) you paying attention? 😉

  • It stills says unavailable.

    Joking 😀

  • Correction – still. Fast typing=bad, sometimes.

  • Jeremy, I was about to scream… 😉

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  • Finally, the video is up and running! Nice roundup!

    @Jeremy,
    hey, what about Lunch 2.0 @ LinkedIn, comin up 5/23. It’s similar, only no wine, cheese, chocolate nor jazz. Instead we’ll have geeks, bloggers, fun, games and lunch! That’ll be as much fun…

    Also, check out our LinkedIn blog — http://tinyurl.com/yvzx73, and I added my 2 cents: — http://tinyurl.com/2mjhy5.

    See you at Lunch 2.0.

  • Shirley

    Thanks LinkedIn, it was a very posh party Sat night. Jeremiah’s screwed, he can no longer buy me regular cheese or chocolate.

  • Whoah, what are you doing here?

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