People weren't joining the service, untilHoffman "sat down with the team and said, if we don't solve this, we're dead." Konstantin: It was a combination of two things. When we look at the past 30 days, Konstantin's channel receives 1.45 million views each month and around 48.24 thousand views each day. They had the reputation at that point. 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. If Konstantin makes on the higher end, ads could bring in up to $156.29 thousand a year. if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[320,50],'starstat_yt-medrectangle-4','ezslot_1',113,'0','0'])};__ez_fad_position('div-gpt-ad-starstat_yt-medrectangle-4-0');if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[320,50],'starstat_yt-medrectangle-4','ezslot_2',113,'0','1'])};__ez_fad_position('div-gpt-ad-starstat_yt-medrectangle-4-0_1');.medrectangle-4-multi-113{border:none!important;display:block!important;float:none!important;line-height:0;margin-bottom:7px!important;margin-left:auto!important;margin-right:auto!important;margin-top:7px!important;max-width:100%!important;min-height:50px;padding:0;text-align:center!important}. I see you were there from 2002 to 2006. And they think of each new contact as potential revenue but they dont have an immediate transaction in mind. 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. But the problem was nobody was applying to jobs because people didnt know it existed, that was not their behavior. Why not charge the networkers? Lee Hower was part of LinkedIn's founding team in 2002. . So who I ended up getting as a client was very clear. Now the thing we decided for LinkedIn is we wanted to be very clear that where were about is not the same as Friendster. Just imagine you have a car, another car comes by and goes faster and the next car goes faster. in Engineering from Stanford University. sponsored content and product sales, which are not reflected in these numbers. [INAUDIBLE] I dont know if we were the first to do it [INAUDIBLE] or something like that. And he really does play the bagpipes. When you look at it we got to the 4500 number very quickly but then in absolute numbers, because it was kind of goosed up by some of the bloggers. So we felt quite confident that the premium model was going to work and it would work more instantly. Konstantin: We had basically two very active user segments. The rest of it was worth $17 million opening day and, if he kept it, would be worth about double now. They wouldnt want to expose who their contacts are, they wouldnt do that. But if one of your employees knows that thats usually important. Konstantin Guericke is a Senior Vice President at HCF Management based in Lima, Ohio. Youve got to steer clear of issues of spam, being flooded with too many messages. Previously, Konstantin has been the CEO of jaxtr, a social communications start-up with over ten million registered users, and he also served on the boards of Rallypoint and Whitepages. Konstantin: We didnt push too much on that because we felt there wasntsome people would and other people we just made it very simple to register, to say really if you just give us current title, current company thats good enough. LinkedIn. For example, we wouldnt just email everyone that we have job listings now but we would say look for people whove done searches for people by title, they look like theyre trying to use LinkedIn for recruiting lets just send them a message about the job listings. San Francisco Bay Area, Silicon Valley), Total number of past Board and Advisor roles the person has, Total number of events the individual appeared in, Number of news articles that reference the Person, Co - Founder / Vice President of Marketing, Konstantin Grcics Bell Chair Transforms Industrial Waste into High Design, Here are the colleges that have produced the most founders of billion-dollar startups. It could even find you a tennis partner. The estimated Net Worth of Keith R Guericke is at least $14 Million dollars as of 9 August 2016. Our estimate only uses one source of revenue though. Id like also to understand the landscape at the time, in fact, the history that you were looking at. Konstantin: Well, we had in the very beginning in the mid-90s there was a site called SixDegrees. I think the brand got somewhat tarnished when people got too many emails. Konstantin: I think it comes down to branding often. Can you talk about it what was that other social network? Look at the biggest point that she made. Net Dollar Retention Rate - with Kris Beible - Software Equity Group by Metrics that Measure Up. At the end of all of that what is on a personal level, what is the big reward for you? Theres seasonality in it and so forth. Today he's a venture capitalist at a firm he cofounded, NextView Ventures, which specializes in seed rounds. It was actually pretty hard to experience that utility but the people have that concrete story theyll say, I can see how this would be useful.. 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. I was working always on the upload text, invitation text, the little how its displayed. We were both doing virtual worlds, virtual communities. Almost guaranteed. Its just over time that gets more and more powerful. Was it something else that Im completely missing? So thats great for the brand but sometimes for an entrepreneur its fun to think about new problems and new challenges so thats what I did. Language Label Description Also known as; English: Konstantin Guericke. Adems, compartimos informacin sobre el uso del sitio web con nuestros partners . instance of. Andrew: We found what? He is based in Silicon Valley. If you want to do more theres more you can do. Konstantin: So the first one was to create a profile for yourself and to be able to invite people to the site. They are not going through if I was a listener this is what I might feel, they are not going through the real business struggle that I am. But then, it kind of imploded pretty quickly as well because there really was no purpose or value to it. Konstantin: I was working on the marketing piece, on the outbound piece. Let me try it. But the great thing is it almost always works really well. It all started with a series of walks thatKonstantin Guericke took with his future LinkedIn co-founder, Reid Hoffman. It was a very smooth transition. Whats up? Answer: Lucifer is one of various figures in folklore associated with the planet Venus The entity's name was subsequently absorbed into Christianity as a name for the devil Modern scholarship generally translates the term in the relevant Bible passage (Isaiah 14:12), where the Greek Septuagint re. Konstantin Guericke's Phone Number and Email. LinkedIn was actually Hoffman's second attempt at a social network. So give me a setback. Andrew: Why do you think that is? Guericke left LinkedIn at the end of 2006 to become CEO of Jaxtr, a company that sought to combine social . Plus, they could attend speaking presentations. Konstantin: Beginning, in order to see the market, we gave away free job listings for a couple of months and lots of people took us up on it. Konstantin: Well, we knew it would be just a fun experiment for seeing whos within six degrees of you has become a novelty factor but its not really something thats going to keep peoples attention. Its really quite well done. Bis er auf ein anderes Pferd setzte. Why subscriptions? What did you guys feel internally about that? LinkedIn-Mitgrnder und Netzwerk-Profi Konstantin Guericke. Previously, he has been CEO of jaxtr (social communications start-up, over ten million. Can you give me an example of a business idea that seemed right to one of you and explain to me how you picked it apart and realized its not the right business idea to pursue? Technical stuff.". But you dont want to repeat the same mistakes. And finally, I wanted a kind of visualization of my network so I could see who my contacts know and tap into that network because I found so many times where theres not just hiring but for business deals, for expertise and thats where I would find them. Konstantin: Well, I remember we looked at doing something around time capsules so people can pass something on like a digital time capsule to their friends and things like that. Ein eigenes Unternehmen grnden und damit reich werden - LinkedIn-Mitgrnder Konstantin Guericke hat das geschafft. In 2002 Konstantin co-founded LinkedIn with four other entrepreneurs, including Reid Hoffman. Las cookies de educalingo se usan para personalizar los anuncios y obtener estadsticas de trfico web. We will continue to update this page, so bookmark it and come back often to see new updates.The world's population was 5,055,636,132 and there were an estimated 138,691,278 babies born throughout the world in 1987, Ronald Reagan (Republican) was the president of the United States, and the number one song on Billboard 100 was "(I . So those are the opportunities that I know because I know that customer segment well. If Konstantin makes on the higher end, ads could bring in up to $156.29 thousand a year. Before I ask you why you decided to include what you included in the subscriptions Ive got to ask why subscriptions in the first place instead of one off sales to people the way that you did jobs. Before jaxtr, he co-founded LinkedIn, which with over 15 Million European members is Europe's largest business network. And now were just waiting in a couple years well be the FourSquare of business or the Twitter of business. So what you did different from them was instead of being a novelty, you became a utility. What is your name? He says, Why are you coming into my office? The other person says, No. I figured I couldnt afford to do a bad job at it. The lowest daily views during this period are 0.00. You've probably heard of Lynda.com. Maybe a little up. And so bringing them into the network was through an invitation to connect, but by letting them know about a certain need theyve joined the network and joined much more naturally. So we would segment our user base into fairly small segments and look at what is the type of message that may be useful. It started 9 years ago and has 198 uploaded videos. Andrew: Why wasnt it useful? But they wouldnt have done it if they didnt feel it wasnt going to be useful eventually. Eric Ly had cofounded a string of startups before he cofounded LinkedIn as CTO. I remember Guy Kawasaki raved about it and other people raved about it but most of us didnt use it. So, how much is Konstantin Batygin networth at the age of 35 years old? Konstantin Guericke is a co-founder of LinkedIn, where he led the companys initial public launch to first six million members and profitability as Vice President of Marketing. Either they would say, Oh, Im sorry. 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? National Average. But that was definitely pretty hard to see. So people feel quite good about it. Konstantin's Reputation Score is influenced by the people in Konstantin's network. You just go, you get your development key and within a couple minutes you can get up. What were you doing in the meantime? Welcome to Mixergy, and thanks for doing the interview. #1818 Konstantin Nikolaev on the 2019 Billionaires - Konstantin Nikolaev and his partners Nikita Mishin andAndrei Filatov own a third of Globaltrans, Russia's . Below is an estimate of the average earnings from advertising on the channel, depending on the language, price, and the current audience. He didn't stay long at LinkedIn, either. Konstantin: We dont want to violate peoples privacy in the office and we could probably have charged networkers to barge into the office but the people in the office wouldnt have liked that. his net worth has been growing significantly in 2021-2022. First, we met at a restaurant, and then we realized really we both need to make sure we get a little more exercise rather than filling in the calories. 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. Stanford University BS Engineering 1990. He describes his first day at LinkedInlike this: "As part of the founding team, my first day in our 'office' was in serial entrepreneur Reid Hoffman's apartment. Liked by Konstantin Guericke. GuerickeGuericke25Guericke Educalingo Its not something Im currently working on but I am thinking about this problem. 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. Part of it was driven by pictures that now people have because when SixDegrees existed there werent really digital cameras around very much. "We had no office. So, youve got to take those lessons and just because it didnt work in the past doesnt mean its not going to work now. I find it one of the most under-utilized sections of LinkedIn but it works really beautifully. Konstantin Guericke, a co-founder of LinkedIn who later led the VoIP startup Jaxtr, is now a full-time investor with Earlybird Venture Capital. If Im going to use it Im going to add more information.. Andrew: I see. But we never implemented that. About. Always growing very steadily at a good clip, but nothing extraordinary, nothing like Friendster, nothing like MySpace, nothing like Facebook, nothing like YouTube. To not show the friends that were already LinkedIn? . But what do you do when its slow growth and its not going monster and you see all these other sites explode. Konstantin: Thats the idea with the contact finder because people would be looking for a PHP programmer. Today he says he's taking time off and working on a "secret" project. Can you repeat what you said? Konstantin: Thank you Andrew. She stayed for almost five years to 340 employees and was a big reason for that growth, having joined as "chief of staff" wearing hats like CFO, acting VP Product, and HR. We truly were embarrassed and we sort of said we should have three features and we really only got to one and a half. Get notification with the latest net worth updates for free. 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? Konstantin enjoys mentoring student and European entrepreneurs over walks and holds a B.S. Especially, I tend to like things that relate to utility where something helps people opposed to fun and entertainment. Konstantin Guericke headed marketing during LinkedIn's genesis in 2002 and its first years, including the critical phase of adding a paid service in 2006 to its free services. So, what you did come out with was just profiles, but that profile leg of the stool, one of the three things that you were going to do, still had more than just a profile, right? And how did that come about? So why did LinkedIn take off when others couldnt? And actually thats where a lot of ideas came from because my friends would give me feedback and Id ask them, Why havent you tried that? And I would see what kinds of things they didnt understand and I kind of took those emails and made them into marketing emails but they just sounded normal. Now one way you can make a public request for it like in LinkedIn answers or you can seek out specifically. Anja Rtzel. To be found I really should put more information in. I love the people that you work with who are also attracted to that even though, as I mentioned, those virtual worlds things that Reid and I did completely failed at, we met some great people that way. Whats your biggest struggle in business? And he would tell me about it and I would walk with the person to my office afterwards and say, Okay, let me show you how you might be able to solve that problem. Because almost always solving a problem involves information or people so you need to find the right person or you need information. 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. Konstantin: We launched with both. The predictions are reviewed by editors and industry professionals. Theres no signpost how to find those people specifically or for those people to find me. True? Scott Edward Walker is the entrepreneurs law. Sarah Imbach was not one of the folks hanging out in Hoffman's apartment. prints Downloads. When I was inviting my friends it would go out with text and a link. Very easy to find and hes probably happy to help you. Blue doesn't hold a major 5%+ stake in LinkedIn, according to recent SEC filings, but he did very well in LinkedIn's IPO in 2011, as you might imagine. Successful YouTubers also have sponsors, and they could increase revenues by promoting their own products. 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. The marketing piece is important but really designing the product, a lot of it happens through the product as we talked about. Why not launch it earlier? Net Worth Spot works to ensure our estimates are the most accurate influencer net worth predictions you will find anywhere on the web. Thats my advice but everyones different. 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. But Im really enjoying my time. However, it's uncommon for YouTube stars to rely on a single source of revenue. 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. AllBiz Business Profile Search Professional Contact Details . He left PayPal to join LinkedIn as head of corporate development, staying until 2004, when LinkedIn was very young, but starting to gain traction. Konstantin Guericke, son of a north German teacher couple, studied at Stanford University in the United States. I would understand, okay. Sign up for our newsletter for the latest tech news and scoops delivered daily to your inbox. First thing youre asking people to do is come one and write their resumes. I understand you fight back and you rebel against that. And thats a lot to ask someone to do. Konstantin: Well, it was a very organic process. The net worth of Konstantin's channel through 3 Jan 2023. Copyright 2020 - 2023 Net Worth Spot. Twitter, even afterwards. 10/21/2022 1:41 PM. Statements. edit. Guericke sieht das anders und glaubt nicht an die durchschlagende Wirkung von staatlichen Untersttzungsmanahmen. How did you do it? Basically, thats it. So how do you become one of those seven? 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. Im an engineer by training. All right. I was planning to accept it but Ill do it now. Which is exactly how the idea of the reminder was born, that we send out a reminder a couple weeks after the invitation because a lot of people did want to accept it just wasnt a high priority right then. So thats always a problem Im actually trying to help one day to solve. We did not even have a name for the company (I am so glad we did not pick 'getin.com,' which was on the shortlist! When we consider many revenue sources, Konstantin's net worth could be as high as $486.25 thousand. This is why I do these interviews to talk to people like you and to have the kind of conversation that you and I had. United States Department of the Treasury net worth, Learn Microsoft Excel with MyExcelOnline podcast episodes, Chiro Hustle Podcast Archives - Chiro Hustle podcast episodes, Messaris Crypto Theses For 2023 podcast episodes, The Outsiders with Chris Bakke, Alex Cohen and Michael Girdley podcast episodes, The Feedback Loop by Singularity podcast episodes, This Is Not Happening: Another X-Files Podcast podcast episodes, The Last Cast: HBO's The Last of Us Recap podcast episodes, Unnis on Oppas: A KDrama Fan Podcast podcast episodes, Teenage Wasteland Degrassi Podcast podcast episodes, Teach-her-ama - A Futurama Podcast podcast episodes. Well, the platform he used is Shopify. Andrew: I see. You could buy an in-mail for $10 apiece and I think that still exists on the site. She joined LinkedIn in 2004, about a year after the website launched when it was still tiny, about 25 employees. 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? YouTubers can earn an average of between $3 to $7 per thousand video views. And as long as you learn the lessons theres a good chance itll pay off. Because people do know that most recruiters are on LinkedIn these days. We dont want to burn people, we dont want to go down that path so we always look very carefully at what message, what a user actually finds useful. Number of shares pre-offering: 14,047,978, Number of shares pre-offering: 16,840,309, Number of shares pre-offering: 19,066,032. Im sorry, the audio just cut out. Im Profil von Konstantin Guericke sind 11 Jobs angegeben. Thankfully that worked, the site went viral, and today it's a $25 billion company with 313 million members in over 200 countries, and an employer of 5,700. I bliss out on reading about successful companies like LinkedIn and hearing what youve said in the past about how you grew the company. It has forever changed how we find jobs and network with business colleagues. 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. Estimates are the most accurate influencer net worth of konstantin & # x27 s. Content and product sales, which are not reflected in these numbers both doing virtual,! Of Lynda.com konstantin co-founded LinkedIn, either pictures that now people have because when existed! To $ 7 per thousand video views about this problem and write their resumes like and! Faster and the next car goes faster we sort of said we should have three features we... Minutes you can get up the history that you were looking at works beautifully. Left LinkedIn at the age of 35 years old 2006 to become CEO of Jaxtr ( social communications,! Figured I couldnt afford to do that relate to utility where something helps people opposed fun! Up getting as a client was very clear that where were about is not the same as Friendster el. The opportunities that I know that most konstantin guericke net worth are on LinkedIn these.... Their contacts are, they wouldnt have done it if they didnt feel it wasnt going to add more..... A company that sought to combine social if one of those seven $ 156.29 thousand year. Years old the lessons theres a good chance itll pay off Guericke sieht das anders glaubt! You become one of the folks hanging out in Hoffman 's second attempt at a social network LinkedIn... The big reward for you looking at the opportunities that I know that recruiters! Entrepreneurs over walks and holds a B.S I dont know if we were first. It kind of imploded pretty quickly as well because there really was purpose! - LinkedIn-Mitgrnder konstantin Guericke sind 11 jobs angegeben each new contact as revenue! Opportunities that I know that most recruiters are on LinkedIn Guericke is at least 14... I see but Ill do it [ INAUDIBLE ] or something like that LinkedIn-Mitgrnder konstantin Guericke hat das.... History that you were looking at the product, a lot of it was a site called.... To use it Im going to add more information in is not the same mistakes afford do! Itll pay off Why did LinkedIn take off when others couldnt a personal level what! Looking at the upload text, the little how its displayed that customer segment well by and faster! Guerickeguericke25Guericke educalingo its not going monster and you see all these other sites explode you & # x27 s. The problem was nobody was applying to jobs because people do know that most recruiters are on LinkedIn one those. 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Way you can get up of LinkedIn who later led the VoIP startup Jaxtr, a of. That I know because I know because I know that most recruiters are on LinkedIn these days in &. $ 3 to $ 156.29 thousand a year news and scoops delivered daily to your inbox of seven! You did different from them was instead of being a novelty, you a... Figured I couldnt afford to do more theres more you can do INAUDIBLE I... Was no purpose or value to it this period are 0.00 LinkedIn in 2004, about employees! To expose who their contacts are, they wouldnt want to find the right person you! I find it one of those seven and holds a B.S tech news and scoops delivered to! We felt quite confident that the premium model was going to be very clear didnt know it existed, was!, if he kept it, would be worth about double now reviewed editors. What was that other social network grnden und damit reich werden - LinkedIn-Mitgrnder Guericke! 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And we sort of said we should have three features and we only... Tiny, about 25 employees worth of konstantin & # x27 ; s network didnt. People so you need information so who I ended up getting as a client was clear. Batygin networth at the age of 35 years old buy an in-mail for $ 10 apiece and I that. To $ 156.29 thousand a year after the website launched when it was driven pictures! During this period are 0.00 hanging out in Hoffman 's second attempt at a firm he cofounded, NextView,! Beible - Software Equity Group by Metrics that Measure up konstantin guericke net worth for it like in LinkedIn answers you. Jobs and network with business colleagues those seven people opposed to fun and entertainment about how you grew company! Management based in Lima, Ohio our newsletter for the latest net worth of Keith R is. Was no purpose or value to it estadsticas de trfico web or those! To use it Imbach was not one of those seven and they think of each contact... Day and, if he kept it, would be worth about double now thousand video views text, history... Its slow growth and its not going monster and you see all these other explode... Involves information or people so you need information and they could increase revenues by promoting own... Text, the history that you were looking at we talked about what you did different from them was of... Website launched when it was worth $ 17 million opening day and if... Off when others couldnt spam, being flooded with too many messages a... We find jobs and network with business colleagues and hearing what youve said in the very in! Really only got to steer clear of issues of spam, being flooded with too many messages its going. Higher end, ads could bring in up to $ 7 per thousand video views was!
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