Contextualizing Your Social Networks: Reid Hoffman

Michael Arrington, who is supposed to be taking a break from blogging, has a great Davos interview with LinkedIn’s Reid Hoffman.

Key takeout:

MySpace is like a bar, Facebook is like the BBQ you have in your back yard with friends and family, play games, share pictures. Facebook is much better for sharing than MySpace. LinkedIn is the office, how you stay up to date, solve professional problems.

LinkedIn Looks Out For Users By Opening Platform

Reid Hoffman has announced that his professional social networking tool, LinkedIn, has opened up its platform to third party developers. The current roll out includes a suite of, eight external and one internal, apps that are aimed at enhancing user productivity through file sharing, project management, arranging business trips etc.

LinkedIn Gets 53m/1bn And Transforms The Venture Industry

Congrats to Reid Hoffman, the LinkedIn team and the company’s latest investors – watch the video and listen to these venture guys explaining their rationale for investing in the latest round and you’ll understood what I mean by choosing the title for this post.

Bain, Bessemer, Greylock and Sequoia have taken the VC industry to a whole new level of transparency from which we all win.