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Chronicles

The story behind the story

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An extensive profile of Reid Hoffman, who believes Internet-enabled networks will change how the economic world works

The Network Man  —  Early on a Monday evening in June, Reid Hoffman, the founder and executive chairman of the business-oriented networking site LinkedIn, met Mark Pincus

New Yorker Nicholas Lemann

Context & Ripple Effects

This New Yorker profile catches Reid Hoffman at the moment his thesis — that internet-enabled networks would reorganize the economic world — was still an argument rather than a record. Within a year he was fielding interviews on Paypal and SocialNet ahead of the Microsoft-LinkedIn deal, and by March 2017 Microsoft had installed him on its own board.

Read forward from the profile, Hoffman's career becomes the test case for the thesis itself: capital routed into network-dependent ventures like the $30M Change.org round he led, governance power inside Microsoft, and eventually a public turn toward politics, pressing Silicon Valley to speak out against the Trump administration.

First-order effects

  • Hoffman gains a canonical profile that frames him not just as LinkedIn's executive chairman but as the theorist of network economics — the identity that carried into his post-founder roles at Microsoft and as an investor.

Second-order effects

  • Microsoft's decision to add Hoffman to its board after acquiring LinkedIn shows the acquirer buying the network thinker along with the network; his influence then extends into civic-tech funding like Change.org.

Third-order effects

  • If the pattern holds, founder-theorists of platforms convert network success into durable institutional power — board seats, venture leverage, and public political voice — until exits like Hoffman's planned departure from Microsoft's board mark the handoff between eras.

The trend: Internet-network founders are evolving from building platforms to governing them — through acquirer boards, investor capital, and increasingly explicit political engagement.