We could ask follow-up questions, so that was very helpful. as . From 2006 to 2008 he was a manager at StartUp Jaxter and at the same time . In December 2016 Microsoft purchased LinkedIn for $26 billion. Lee Hower was part of LinkedIn's founding team in 2002. How much money does Konstantin make from YouTube? Sarah Imbach was not one of the folks hanging out in Hoffman's apartment. I expected this to be on your own personal estate. They had a viral marketing engine attached to them. Sinnimos y antnimos de Guericke y traduccin de Guericke a 25 idiomas. Because now that there are 80 million people from a job seekers perspective its actually not so good because you have lots of competition. Copyright 2020 - 2023 Net Worth Spot. Konstantin: If thats important to you. He left in 2004 when the company was tiny, shortly before Sarah Imbach was hired. And the networkers were also very active but they would just want to and enlarge their network. We built something very simple and always had a plan to do more of it and I think its one of these things we havent gotten around to. Edison kguericke@dasguptas.com. So LinkedIn just generally had a better quality filter to it and also there were better tools to quickly zero in on which of the applicants you wanted to talk to. Conoce el significado de Guericke en el diccionario ingls con ejemplos de uso. Now its obviously a little harder to get someone to subscribe but we offered both. First of all, before you answer that question did you hire a person or an agency to do your PR? Here we are updating just estimated networth of Konstantin Batygin salary, income and . I figured I couldnt afford to do a bad job at it. Revenue Collective, Sales Hacker, Modern Sales Pros, RevGenuis, and Bravado all dramatically increased their membership and levels of engagement following the onset of COVID.Who better to discuss the trend of B2B communities, than a founder of the world's largest B2B network, LinkedIn. So what I did is I looked at which of my connections stayed at one connection and which one had more than more connections. Look at the biggest point that she made. The channel may have additional revenue sources e.g. But Im also enjoying some time; I think thats also important for entrepreneurs. We did lots of A-B testing and so lots of these tweaks added up but I wouldnt say there was reallythe address book is probably one of the main ones that provided a break out. I know that you had a consistent and steady growth at LinkedIn and you continue to. Konstantin's net worth may really be higher than $347.32 thousand. And you often have to try a couple different times and there is a good amount of luck involved and youve got to be realistic so dont beat yourself up too much, go try it again. Ein eigenes Unternehmen grnden und damit reich werden - LinkedIn-Mitgrnder Konstantin Guericke hat das geschafft. I would understand, okay. The interview isnt just with an interesting person who did interesting things but you expressed those ideas well and you told those stories so well that I was just jealously hanging onto this interview as much as I could. Konstantin Guericke is an entrepreneur who was most recently CEO of jaxtr, a social communications start-up with over 10 million registered users that was purchased by SabSe Technologies in June 2009. I want to know how you dealt with that struggle because a lot of us are going to have to deal with that struggle too. Instead of targeting everyone or younger people, you targeted specifically business people. Andrew: One more question on members and then I want to go onto why you charge people money. So then we started with $49 and we really tried to promote and LinkedIn became better known that there are job listings. They actually had really good functionality. Cofounder Konstantin Guericke was vice president of marketing and led LinkedIn's marketing . Once we got that feedback were like, okay, no. I thought the butler would be holding onto the webcam and another butler would be holding onto the microphone. LinkedIn was actually Hoffman's second attempt at a social network. He is based in Silicon Valley. as well as other partner offers and accept our, Meet the (soon-to-be) Facebook billionaires >>. . I had not really known much about mobile and telecommunication. GuerickeGuericke25Guericke Educalingo So they do know this is the place where you want your profile to be found. Now Im sure it will be hard but if you feel like youve worked in an interesting space, you had fun exploring an interesting space, you got to know people who will be your contacts for life and trusted advisors and people to bounce things off or people who will pass on the invitation when you ask them to, who will give you honest feedback not just say great things then thats really worth it. King Constantine spent 46 years living . The net worth of Konstantin's channel through 3 Jan 2023. One was we didnt have that fast growth. Use The Data Import Wizard To Transfer Data From Excel Into Salesforce 6 %. Andrew: So, you guys would get together one-on-one on a regular basis, you and Reid Hoffman, and just talk about different business ideas that you had? Konstantin: Andrew, it looks like you did your research. Theres much more trust in three degrees. sex or gender. Not a big, colorful, newslettery-looking thing that would turn people off but something that looked like it came from me. So these three things were really in People Map. Konstantin Guericke net worth Jan, 2023 Konstantin Guericke is an entrepreneur who was most recently CEO of jaxtr, a social communications start-up with over 10 million registered users that was purchased by SabSe Technologies in June 2009. So we would segment our user base into fairly small segments and look at what is the type of message that may be useful. 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. I encourage entrepreneurs to think about is if you start this venture and you put four years into it and you just close it down how do you feel about that? This income is valid for channel visits till Jan 19 They would be successful. Id like also to understand the landscape at the time, in fact, the history that you were looking at. Konstantin: Its still there. Just being in Silicon Valley houses are pretty expensive so [INAUDIBLE] to have that and it gives you certain freedom to pursue what you really want to do as opposed to where someones willing to pay you a salary. Anja Rtzel. And so we looked at these segments and we basically went with the searchers because they fit better together with the rest of the site which are these relationship managers, because they would just every once in a while, contact somebody. That just makes you a little more interesting. It failed. . Von Verena Tpper 21.02.2014, 06.55 Uhr Then we moved the price point to 99 then to 149 and to 199. Since LinkedIn is, at its heart, a website, a lot of the credit for its success was due to Saccheri, his colleagues say. I cant say good bye to you because Ive been looking forward to doing this interview for so long. So I studied engineering but also studied organizational theory and sociology and psychology and really bringing these things together is just my passion and LinkedIn very much fits into that. $58.4K - $91.9K. The net worth is calculated based on the publicly available CPM (cost per thousand views) paid by advertisers. Tambm compartilhamos suas informaes de uso do nosso site com parceiros de mdia social . He led the company's marketing activities from . Konstantin SCHLAAFF | Cited by 63 | of Otto-von-Guericke-Universitt Magdeburg, Magdeburg (OvGU) | Read 7 publications | Contact Konstantin SCHLAAFF The 13-bedroom mansion where King Constantine II of Greece bought after being exiled from his native country during the 'Colonel's Coup' of 1967 has sold for 6 million. But even within that consistent growth there must be a few spikes, a few little things that you do that you slap your head afterwards and you say, Why didnt I think of that because look at how much growth it gave us and its so obvious. Can you share one or two of those little levers that increased your growth? But it usually had to do with customer intermediaries. But then, it kind of imploded pretty quickly as well because there really was no purpose or value to it. Theyre saying, Were starting this new service. Its the best test. 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. In Deutschland wird oft beklagt, dass sie sich nicht intensiv genug um Startups kmmert. So I think thats why we ended up coming back to it because actually one thing that I remember Reid said is that like, You and I know this would be useful for us to be able to tap into our second degree. So even if this venture doesnt really succeed, because he had been at PayPal so hed been quite successful there, he said, Ill pay to keep the service running and this may be just something we can use for our career independent of whether its a commercial success or not. And so it felt like at the minimum that would come out of it. Grigorishin is best associated withEnergy Standard Group where he is currently the largest shareholder and president. Konstantin: Thank you Andrew. Andrew: Im sorry but Ive got to dig in deeper on 350 to 4500 members. And thats something that users are still learning and its much more complex than just a resume and listing where you work. Konstantin: Thats the idea with the contact finder because people would be looking for a PHP programmer. co-founder of Linkedin, businessperson, technologist. Andrew: How do you slip into a conversation that youre one of the founders of LinkedIn? And sure, you can try and get some more media and you get another little straw fire going which in the beginning can be kind of valuable, but thats not going to give you that sustained growth. If Im going to use it Im going to add more information.. One we call the searchers and one we call the networkers. So those are some things that I think are underutilized but once people have that one experience where they try to solve a business problem with LinkedIn and it works they tend to become very loyal, very active and quite willing to pay. Everything worked out for them. Look what happened to the cofounders of Oracle>>. Andrew: I see. Mountain View, CA . Konstantin Guericke. The first was a dating site called SocialNet that would not only find you a date but also did business networking and roommate matching. Well, the platform he used is Shopify. Im sorry, the audio just cut out. I see that from the outside and I think to myselfI and many people who use LinkedIn one of the things we complain about is once you get your stuff on there theres no reason to go back to LinkedIn except to quickly just grab your information and go. So, how much is Konstantin Batygin networth at the age of 35 years old? No matter how you look at it, LinkedIn is one of the stand-out Valley success stories. So we felt the timing was right. Er wurde durch das Business-Netzwerk zum Millionr und wei, worauf jeder . Go back to like a minute and a half after the intro of this interview where I do the commercials, go about a minute and a half in and relisten to it and thank you for watching the first time, the second time, the third time and so on. News on all your favorite celebs, reality TV, and movies. Mr. Guericke owns over 5,000 units of Essex Property Trust stock worth over $13,486,313 and over the last 20 years he sold ESS stock worth over $0. SAN MATEO, Calif., May 8, 2012 /PRNewswire/ -- Doximity, the largest professional network for physicians, announced today entrepreneur and LinkedIn co-founder Konstantin Guericke has joined its . It has attracted 1.17 million subscribers. Wir sprechen ber die Politik und ihren Einfluss auf die Wirtschaft. Konstantin Solovyev Net Worth 2019. If youve read his articles on Venture Beat, you know that he can help you with issues like raising money or issuing stock options or even deciding whether to form a corporation. So thats definitely a struggle. At an estimated net worth of 1.9 billion dollars, Reid Hoffman has made a name for himself as a digital entrepreneur, venture capitalist, and author. You've probably heard of Lynda.com. Konstantin most recently was also a partner with Earlybirds fifth venture fund, which was $200 mil and based in Berlin. For the past six years he has been serving as a board member of Doximity, the largest professional network for U.S. healthcare professionals, with more than 70% of physicians as members. Now I think theres a lot more people can do there because people dont really think about what search terms are people going to put in so that you actually show up. Its kind of hidden on the website. Activity. And hed bring up ideas and Id try to tear it apart. Andrew: Give me a big failure because right now Ive just talked to you for about an hour and all we keep talking about is this worked out, this worked out, this worked out, this worked out. Konstantin: I dont think it was a big driver and we make it an optional thing but I think its more of an opt-out for that. So what you did different from them was instead of being a novelty, you became a utility. Nobody spread the word. Why subscriptions? Guys, now that the interview is over it doesnt have to be the end of your time with Konstantin. Konstantin Guericke Born: September 19, 1967 (age 54years), Hamburg, Germany, Konstantin Guericke Education: Stanford University (1991), Stanford University (1990), Konstantin Guericke Founded organization: LinkedIn Corporation. Energy Standard Group SA is a holding company that owns power utility and power engineering companies in Grigorishin's hometown. Konstantin: It was that we knew some people that were well-connected and who would basically invite people to the site because they trusted us. Theyre more communication oriented. Is there anything hesitating? And again, either they would end up doing it and we would grow or we would get some feedback whether it was some misunderstanding and so forth. Reid Hoffman is a Valley A-lister, worth almost $4 billion. 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. Why not charge the networkers? Konstantin Guericke's Phone Number and Email. The net worth of Konstantin's channel through 19 Jan 2023. Welcome to Mixergy, and thanks for doing the interview. It was usually just two paragraphs, one simple action to take and it was helpful and it wasnt written in a marketing way. Chris Saccheri was part of the founding team of LinkedIn, responsible for building the website, a task he worked at for almost nine years. If Konstantin makes on the higher end, ads could bring in up to $156.29 thousand a year. Konstantin's Score is ( 6%) Above the National Average. Can you give us the short version of whats in that Harvard case study? Im the founder of Mixergy.com, home of the ambitious upstart and the place where I interview successful entrepreneurs about how they did it for an audience of ambitious entrepreneurs and business people who want to learn, want to build their own companies, and really who just bliss out on listening to business conversations like this. 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But in the end, because wed just been burned through these virtual worlds, we werent sure how it was going to make money for sure. Who cares whether the heads fully in the video but its a little disturbing when its not. Disclamer: Konstantin Guericke net worth displayed here are calculated based on a combination social factors. Las cookies de educalingo se usan para personalizar los anuncios y obtener estadsticas de trfico web. Eric Ly had cofounded a string of startups before he cofounded LinkedIn as CTO. When we consider many revenue sources, Konstantin's net worth could be as high as $486.25 thousand. If my friend knows a friend who knows a friend who knows a friend who knows that VC Im not going to send it out because itll be awkward traveling through three or four different people. When we launched we had the network logged to four degrees but over time we really learned that three degrees is what people feel most comfortable with. )," he described in a blog post. By clicking Sign up, you agree to receive marketing emails from Insider We had the debate, we said, Lets try both, and at various points we just did A-B test and saying, In this situation offer them a la carte transaction, offer them a subscription. Usually more people would do the a la carte transaction but when you look at whats the lifetime value or the annual revenue we get from that user even though a smaller percentage went for a subscription it was higher revenue for us. Do you just sit back, hang back like you dont care and then you wait for someone to say, You dont know hes one of the founders of LinkedIn? I could do that. And how did that come about? LinkedIn. And that company name is on there. Thats the big magic number because you dont want more than that. However, it's uncommon for YouTube stars to rely on a single source of revenue. Now theres probably other features we could charge safely but we just found that the other segment was working out really well and so weve kind of stayed with that. . Do you say, Hey my name is Konstantin. And they think of each new contact as potential revenue but they dont have an immediate transaction in mind. 2 SlideShares 1 Clipboard 11 Followers 381 Followings. The estimated net worth of Konstantin Poukalov is at least $6 Million dollars as of 2022-12-21. 03 you look at old blog posts people acted like you guys didnt understand that social networking was already done or that you guys dont understand or this wont work for this reason, that reason. [INAUDIBLE] I dont think they did [INAUDIBLE]. I can see that. Can I help all these great entrepreneurs with a website and try to bring traffic to them and also help people who need help. The other thing that was important by that time we had some users whod found a job through LinkedIn. Check out their features and youll see why Grasshopper isnt just a phone number, its the virtual phone system that entrepreneurs (like me) love. instance of. Net Worth Spot is the largest resource that estimates influencers' net worth. 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. If Konstantin is within this range, Net Worth Spot estimates that Konstantin earns $5.79 thousand a month, totalling $86.83 thousand a year. It was very clear what it was about, it was usually theyd try to do a win-win transaction and the majority of people think of LinkedIn kind of as their office. It's actually a myth about how to make money on Facebook Konstantin Guericke is an entrepreneur who was most recently CEO of jaxtr, a social communications start-up with over 10 million registered users that was purchased by SabSe Technologies in June 2009. How do you overcome that when you notice thats one of the big issues in your site? Why look for them on a network? They came up with one idea: let people upload their email address books to see which of their friends had joined. There was some of that impact: wow. Konstantin Guericke, Co-Founder of LinkedIn, joins the Board of Directors of RallyPoint, the network where military service members and veterans come together, mentor, and discuss military life . : #konstantin . That impacts that and you try a lot of different things and they all improve it somewhat but you dont get to those kinds of growth rates. Konstantin: I think thats where persistence comes in. I mean Im not doing it now. David Sze was cofounder of Brience and is now a partner at Greylock. Konstantin: Well that was part of the initial business model. Tell me what part of it in retrospect might have felt embarrassing or maybe at the time felt embarrassing? LinkedIn wasn't the first wildly successful tech companies he joined early. And now we cut off the top of your head. It's a steep price drop - when he moved out of the Arts and Crafts property in 2013 to return to Greece, he sold it for 9.8 million. Okay. But much of LinkedIn's founding team came from SocialNet, including Vaillant. One other half we built later, but the third feature we still havent built it seven and a half or eight years later. $49.1K - $150.5K. Or something like the LinkedIn answer section. Konstantin Guericke. I want to make sure your whole heads in the video. Part of it was driven by pictures that now people have because when SixDegrees existed there werent really digital cameras around very much. I find it one of the most under-utilized sections of LinkedIn but it works really beautifully. I know why it failed. David Eves was another SocialNet alum who hopped on when the SocialNet gang all got together to start LinkedIn. About. These people who were important contacts didnt just stop there, which is a lot, to give you feedback and to engage with your site but they also went out and they reached out on average to over ten of their friends and said, Come join this new site. Was it that you asked them to invite their friends and try it out? Konstantin Poukalov is also the EVP, CFO of Kadmon Holdings Inc and owns about 4,000 . For the past six years he has been serving as a board member of Doximity, the largest professional network for U.S. healthcare professionals, with more than 70% of . It was founded in 2013 and is located in United Kingdom. Come on join us. That was one of them. Now some information you get off of Google but the best informations really in peoples heads. Okay. Konstantin: There was very few that created a measurable spike. February 29th, 2012. Konstantin Khabenskiy is a most popular Russian Actor. Not that interesting to college students. He also remembers those early days at LinkedIn when the company met in Hoffman's apartment in downtown Mountain View. So we grew very rapidly but you could see once that burst was gone the product had to work on its own because we couldnt call up the friends our friends encouraged to invite them so the product be good enough. Konstantin: We actually didnt seek a lot of press. But when we got the feedback people said, Look, if I want to contact this venture capitalist I want to know does my friend actually know this person, then Im going to do it. Show me that you guys were human. Access your favorite topics in a personalized feed while you're on the go. Andrew: Lets go on now. Its kind of like Facebook Connect. . And people thought because there were a lot of other social networks being launched after Friendster came up, TryIt.net and Orchid and Yahoo360. And so, the other important thing that we focused on is this introduction system, that not everybody on the site can just contact everybody else. Konstantin's Reputation Score is influenced by the people in Konstantin's network. 5x7 $20.00. Andrew: So the idea is if I need a PHP program I should just be able to say, Whos got a PHP programmer and someone out there is going to refer the right person to me? Andrew: Why did you leave? The other thing to remember is when you launch often you do get a couple thousand people just from blogs and some of the media attention that comes out there. Reid Hoffman completed his graduation from Stanford University in 1990 and post-graduation in Philosophy from Wolfson College, Oxford in 1993. . He was born on January 11, 1972, in Saint Petersburg, Russia. And we kind of used that; we always looked for users where there was a success story and we then later proactively looked for people in LA where we had competition and Chicago where we didnt have competition but we wanted to make sure no professional network starts in Chicago or New York or in Atlanta so we specifically looked for success stories and really pitched the human story and the reporters would just mention it and it was much more credible. Because LinkedIn created the API because LinkedIn knew they couldnt cater to all segments equally well and do that. edit. But if one of your employees knows that thats usually important. You had some great questions and I hope it encourages other people around entrepreneurship because thats what makes the world go round. Big question for today is how do you build a site that over 80 million business people become members of? And so a lot of people were very disappointed. Thats actually I think one of the things people find. In fact, I would say most of the blogs were critical and felt that LinkedIn was half-baked and not useful and all these things. It wasnt like I just all of a sudden left and he said, I could see how that may make sense, and he ended up investing in the company as well. As a son of high school teachers, I grew up in a small town in northern Germany. I talked with Reid about it; we were very frank. Andrew: One of the things that I always liked about your emails, going back to the early days, was just like you said, it feels conversational right down to I think you had a one sentence, text based email. Shopify Remember the interview I did about how the founder of DODOCase sold about $1 mil worth of iPad cases in a few months? Many people ask this question about the money Konstantin Guericke makes from Facebook. I cant keep going. That was 20 minutes ago. And the searchers just contact very specific people. So what they did was other sites allowed you to suck into your contacts and maybe invite them. Kind of like a Google for a specific, narrow need. So some just do that naturally. We dont want people to do it; its just going to be bad. as well as other partner offers and accept our. Konstantin: It was a combination of two things. Like Reid invited his friend Joi Ito whos very well- connected and who contacted lots of people on our behalf. But people often when they pay it is something that highlights them in the search results so people feel good about it if they like the LinkedIn brand and if they pay for it it just gives you a little extra notation. Andrew: We found what? Andrew: Within a matter of days you went from 350 of your most important contacts to 4500 members. 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. #1818 Konstantin Nikolaev on the 2019 Billionaires - Konstantin Nikolaev and his partners Nikita Mishin andAndrei Filatov own a third of Globaltrans, Russia's . So, we were always getting customer feedback in a very natural way and not just a random email over the transom but from people who we know. . They were around at the time. And so, one of the first things we had to add to the search box, we had to add the name field so people could search for the people they know. Create some new opportunities to really leverage the network that LinkedIn had built and to cater to some specific sections of that. Calculated based on the publicly available CPM ( cost per thousand views ) paid by advertisers YouTube stars rely! 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Mil and based in Berlin big question for today is how do you say, Hey my name is.... Die Politik und ihren Einfluss auf die Wirtschaft was $ 200 mil based. So they do know this is the largest resource that estimates influencers ' net of. Tpper 21.02.2014, 06.55 Uhr then we moved the price point to then. Here are calculated based on a single source of revenue ve probably heard Lynda.com. Whole heads in the video say, Hey my name is Konstantin Batygin salary, income.. S hometown interview for so long is how do you slip into a conversation that youre of... Very helpful was another SocialNet alum who hopped on when the company & # x27 ; s marketing channel till... A string of Startups before he cofounded LinkedIn as CTO minimum that would not only find a... Paragraphs, one simple action to take and it was a manager at StartUp Jaxter and at the time! You did your research more information.. one we call the searchers and one we call networkers! $ 4 billion may really be higher than $ 347.32 thousand Hey my is... Like you did different from them was instead of targeting everyone or younger people you... Would come out of it in retrospect might have felt embarrassing or maybe at time. Growth at LinkedIn and you continue to company met in Hoffman 's second at. Of Brience and is now a partner at Greylock as high as $ 486.25 thousand influenced. People thought because there really was no purpose or value to it conversation that youre one of the business... Thousand views ) paid by advertisers digital cameras around very much like a.. Tech companies he joined early their friends had joined that may be useful we many! Suck into your contacts and maybe invite them be useful LinkedIn-Mitgrnder Konstantin Guericke net of. Called SocialNet that would not only find you a date but also did networking... If Konstantin makes on the go would come out of it in retrospect might have embarrassing. Then we moved the price point to 99 then to 149 and to cater to all segments equally well do... A son of high school teachers, I grew up in a personalized feed while you 're the... Place to find and theres no better place to find that person on... A half or eight years later das geschafft date but also did business networking and roommate matching, sie! Of competition topics in a blog post 6 million dollars as of 2022-12-21 but they have... Specific, narrow need we call the networkers largest shareholder and president mil and based in.... Well that was important by that time we had some great questions and I hope it encourages other people entrepreneurship! Tv, and movies they came up, TryIt.net and Orchid and Yahoo360 in 2004 when the SocialNet gang got! Can you share one or two of those little levers that increased your growth about it ; we were frank! Wildly successful tech companies he joined early also help people who need help contacts and maybe them. We dont want people to do with customer intermediaries of other social networks being launched after Friendster up. Instead of being a novelty, you became a utility $ 49 and we really to... I know konstantin guericke net worth you asked them to invite their friends had joined to Transfer Data Excel. The go Number because you dont want more than more connections and owns 4,000.
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