129: Exiting PayPal ($1.5B) and LinkedIn ($26.2B) w/ Reid Hoffman
Rich Habits Podcast
Hiring for Potential and Investment Insights
This chapter explores the significance of recruiting individuals who align with a company's vision rather than just filling specific roles. It also features a sponsorship segment highlighting Public.com, an investment platform for serious investors.
In this week's episode of the Rich Habits Podcast, Robert Croak and Austin Hankwitz sit down with Reid Hoffman.
Reid was part of the "PayPal Mafia" from back in the late-90s. He sold PayPal to eBay for $1.5 billion in 2002. A few months later, Reid co-founded LinkedIn. Microsoft acquired LinkedIn for $26B in 2016.
This interview was special. Reid is an incredible bright, kind, and thoughtful human being. We're so grateful to have been able to host him on the show!
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📚 Reid's book, The Startup of You, can be found on Amazon. Click here to learn more about it!
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Disclosure: A Bond Account is a self-directed brokerage account with Public Investing, member FINRA/SIPC. Deposits into this account are used to purchase 10 investment-grade and high-yield bonds. As of 8/4/25, the average, annualized yield to worst (YTW) across the Bond Account is greater than 6%. A bond’s yield is a function of its market price, which can fluctuate; therefore, a bond’s YTW is not “locked in” until the bond is purchased, and your yield at time of purchase may be different from the yield shown here. The “locked in” YTW is not guaranteed; you may receive less than the YTW of the bonds in the Bond Account if you sell any of the bonds before maturity or if the issuer defaults on the bond. Public Investing charges a markup on each bond trade. See our Fee Schedule. Bond Accounts are not recommendations of individual bonds or default allocations. The bonds in the Bond Account have not been selected based on your needs or risk profile. See https://public.com/disclosures/bond-account to learn more.
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