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In late 2002, Reid recruits a team of old colleagues from SocialNet and PayPal worked on a new idea. Six months later, LinkedIn launches. Growth is slow at first—as few as 20 signups on some days—but, by the fall, it shows enough promise to attract an investment from Sequoia Capital.
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Site is launched.
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LinkedIn marks number 1 major milestone reaching half a million members.
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Launches first premium service: LinkedIn jobs.
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Launches subscription services.
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Newsfeed is launched.
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LinkedIn answers is launched.
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LinkedIn Corporated Blog is launched.
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Intelligent Application platform launches.
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LinkedIn for mobile launches.
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NY Times partners with LinkedIn.
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CNBC partners with LinkedIn.
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Celebrates 6th birthday with 6000 cupcakes and 40 million members.