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Reid Hoffman, billionaire co-founder of networking website LinkedIn, has decided not to basal for re-election to Microsoft’s committee of directors astatine its 2026 yearly shareholder meeting, the bundle elephantine said successful a filing connected Friday.
Hoffman, who has served connected the board since 2017, volition enactment connected till the meeting. His determination was not a effect of any disagreement with executives connected immoderate substance relating to argumentation oregon operations, Microsoft said.
In 2016, helium sold LinkedIn to Microsoft for $26.2 cardinal successful what was astatine the time the tech giant’s largest-ever deal. The societal networking platform has grown to implicit 1.3 cardinal members since.
Hoffman co-founded Inflection AI alongside Mustafa Suleyman successful 2022 successful an effort to get up successful the rapidly growing sector.
He besides led concern successful Airbnb’s Series A financing circular successful 2010 and backed autonomous driving institution Aurora done task capital steadfast Greylock Partners successful 2018.
