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How did he become the first CTO to lead a Vietnamese Chinese refugee? How attractive is he to Reid Hoffman, the top investor in Silicon Valley, to persuade him to co-found LinkedIn? Silicon Valley continuous business for 23 contained, he founded a number of companies were acquired.Has wealth has long been free, why almost 60 years began to create blockchain technology companies? In the face of many olive branch thrown by venture capital firms, entrepreneurial experienced why he did not like other entrepreneurs like the metaplasia? He is Eric Ly (Eric Lee). You may have never heard of his name, but you must listen to his story. 
Create LinkedIn, how he sold himself for less than five minutes' One evening in December 2002, Reid Hoffman, a young man, danced in a private home in Mountain View, Silicon Valley, telling his friends about his entrepreneurial thinking. It turned out that two years ago Hoffman involved in the creation of the electronic payment company PayPal (Alipay's ancestor) has just been acquired by eBay for $ 1.5 billion .. Had intended to trim the writing of his book suddenly changed his mind to start a business again to set up a Social networking sites in career areas. You know, there was a break-through in the industry as a whole after the dot-com crash, and in the past 10 years when thousands of Internet companies sprung up in Silicon Valley, there were also four engineers who quit, some even directly Resign, own company. This frequent job-hopping has created the problem that colleagues often lose touch when they change jobs, and sometimes companies do not know where their employees are going. Hoffman believes that to solve this problem, we must build a platform for people to know about the career change information of their colleagues. At that time, although a number of social networking service (SNS) companies have emerged, there is no social network dedicated to the workplace. Why not build a professional social networking platform so that people in the workplace can always keep in touch? That night, LinkedIn, born as an immature project, was born in Hoffman's home. In the initial project team, there is a tall and skinny Chinese youth, he is Eric Ly. Eric was born in Vietnam and came to the United States as a refugee with his parents when he was six.Good natural and extraordinarily talented.He graduated from Stanford University and traveled to the MIT Media Lab at MIT specializing in artificial intelligence and human voice Interaction research, and then continue back to Stanford Ph.D. In fact, Eric has already founded two companies as early as joining LinkedIn, one of which only spent four years earning $ 10 million in annual profits and was acquired in 1999 for $ 40 million. 20 million years ago, 40 million, according to the average price of Silicon Valley can buy 80 houses! Why Eric would be the first startup partner Reid Hoffman thought of when he started up again? This is another cause and effect of a 'love of the year.' Eric and Hoffman, both Symbolic System specialists at Stanford University, are good friends during college, and while studying, they also love to talk about artificial intelligence As a future technological trend, discussions are often sublimated into profound philosophical fields. 'Deep intellectual level' (depth of God), which is Eric's summary of the relationship between the two. Even after the two graduated, Hoffman far away in Oxford, England, and Eric at MIT did not break their ties and frequently emailed one another to inquire about the current situation. Back to Silicon Valley, respectively, the two start-ups, get together, although the occasion of the exchange of cups will also be half-jokingly mentioned the two men to start a partnership, but Eric did not take it seriously. However, Hoffman, an eye-catcher, believes that Eric is the best candidate for his or her own business partner, both in character and academic and entrepreneurial background. As a result, Hoffman sent Eric to his home in an e-mail, and by his own trivial tongue pulled him into the occupation, the two's "friends and relatives" quickly became friends and relatives. 'Hoffman gave him' Sell 'to him in less than five minutes,' Eric laughs.
So, Eric became LinkedIn's founding CTO, and the other four founders started building a social networking empire worth up to $ 26 billion. In the early days of LinkedIn, as a CTO, he took up his sleeve and wrote the code. 
LinkedIn start-up team, the second is Eric Ly
In the first year of the founding of LinkedIn, Eric was led by a team of only three engineers because of funding constraints and the small size of the company.Although Eric held the title of CTO, he did all his work in agriculture.
'Because there are too few engineers, I can only pull up my sleeves and write my own code.' 'Eric recalls that the company's start-up scene was still vivid. From the earliest information delivery system, to search engines, and then to the customer archive information platform, all with him and three other engineers a line of code written out. So hard to do for 6 months, Eric completed the development of the software, the entire team completed the construction of the site, LinkedIn as a professional social networking products finally launched in 2003!
A year later, as the company grew in size and more engineers joined Eric's technical team, Eric decided to create LinkedIn's first mobile mobile application team. At the time, the idea was extremely daring.You know, in 03, 04 when the mobile Internet is not common, smart phones have not yet popularized.However, Eric's idea of how far ahead? In the leadership of the development of mobile applications after 4 years, Apple introduced iPhone phone! However, according to Eric's research data, Ericsson has found that cellphone users are growing year after year, and he is sensitively aware that in the near future, cellphones will certainly catch up and even replace computers as an important social tool. Earlier, Eric led the team members through a great deal of exploration, failure and rework, finally bringing the mobile application to the mobile phone market, which laid a solid foundation for the company's mobile business on the mobile handset later. To use the data to speak, but also adhere to the 'early mind' 'Speak with the data', which is the motto that Eric and the entire team insisted on the first day of its creation. If it was not for Eric to reveal it, it would have been impossible for the group to find out that the first company in Silicon Valley to set up a Data Science team was actually a LinkedIn! Even the now common name for 'Data Scientist' LinkedIn Although enterprises nowadays attach great importance to the collection and analysis of data, at the time, LinkedIn was regarded as the pioneer by taking the huge data in the database as the basis for formulating business strategies. How big was the data science team led by Eric? 'Today, DJ Patil, Chief Data Scientist at the White House in the United States, was the one I brought to LinkedIn. Although the technical team to force the data analysis ahead, but the development of LinkedIn is not easy.Eric has also been for the company's development and confusion. When LinkedIn was founded, social networking platforms are beginning to gain popularity, as rivals have more money, higher consumer registrations and more media coverage. In the first year of its existence, the LinkedIn membership grew very slowly, sometimes even with just 20 new members a day. In 2004, Facebook suddenly a sudden emergence due to being sought after by young people, Facebook quickly occupied half of the market. 'We all had many ideas at the time: Do you want to go the same way as Facebook? Turn professional social networking into a more attractive social platform for young people? Do you want to convert the website into company software and sell it directly to other companies to win short-term profits? In the end, however, we adhered to the strategy of the original professional social networking platform. "Eric remembered the challenges facing LinkedIn that year. Facts have proved that they are sticking to the right. In 2004, the number of LinkedIn users reached 500,000. In 2006, the number of users reached 5 million, LinkedIn took off. In 2016, Microsoft acquired LinkedIn for a price of 26 billion U.S. dollars. To date, there are 500 million users worldwide using LinkedIn.
Xiaogong talk to Eric here, I really want to eat on behalf of the melon said: Thank you, the insistence of the founders, so that we find a job now save a lot of power!
23 consecutive entrepreneurs, let technology pave the way for social Starting LinkedIn, in fact, is only a short moment of Eric's entrepreneurial career since 1995, Eric has begun to explore how to use technology to help people better communication and exchange. In 1995, Eric created Netmosphere, an e-commerce communication platform where customers can freely communicate with merchants to choose a service that best suits their business. From 1995 to 1999, in just four years, Eric led the Netmosphere team to make an annual profit of 10 million dollars from 0. In October 1999, Internet company Critical Path acquired Netmosphere for $ 40 million. In just four months, Eric also set up Tresidder Networks, another interactive computing company, to provide its customers with personalized content and wireless services by building a server platform on their mobile handsets. In 2002, Eric founded the LinkedIn and established a professional social networking platform. However, on the eve of LinkedIn being booming and ready for listing, Eric suddenly decided to leave in 2006. Why? 'LinkedIn products allow people to communicate with each other, but can you communicate with others through their day-to-day activities? I want to try.' The day after leaving his self-made LinkedIn, Eric set out to launch Presdo Match, a software application that uses human-computer interaction technology to help people search for and manage surrounding events. The product is also known in the industry as the 'leader in event management software' English Now, Eric, who did not forget his heart, is in 2017 facing the newly developed blockchain technology and hopes to do something to help people better interact, just like all the social platforms that he has founded. "I was very excited about the blockchain technology and because of my daytime management of my own company, I did a lot of research with nights and weekends. In 2017, Eric founded Hub, a blockchain technology company. As a veteran of social network platform startup, Eric has found from past experiences that a centralized mechanism may make mistakes when dealing with strangers, especially when dealing with the interests of both employers and employees. The credit index By a central body of control, there is a certain risk of privacy disclosure. And if you base your decentralized blockchain on a Human Trust Protocol built on it, trust and reputation are labeled as actions, trust stakes, and outcomes (outcomes) to show, then the transactions between strangers will become more reliable, the privacy of both parties will not be easily leaked.
For example, when you intend to hire a stranger as your English tutor, both of you will first have to give a "trust share," or tokens, on the chain, and if you are satisfied with your tutor after teaching your course , Then your 'trust shares' will be credited to his / her account, and if not, the tutor's 'trust shares' will be credited to your account and the result will be recorded in the credit records of both parties.
In short, a smart contract is set up on the chain so that every transaction is recorded and becomes the proof of trust for the next transaction. Although the company is still in its infancy, more than one community such as information platform, Internet of Things, artificial intelligence, and driverless have joined the Hub. Turning to the blockchain technology, Eric, who had witnessed the era of the Internet bubble, admitted that there are many similarities between the current pursuit of the blockchain and the current pursuit of the Internet. However, it can not deny the application value of blockchain technology. The application of blockchain technology will certainly be as common as today's Internet technology. At the end of the interview, there was a small doubt that Eric, who has had a brief part-time venture capitalist experience and often receives venture capitalists who throw him an olive branch and wants him to be a partner, Other entrepreneurs as venture capital? But also in the business of this 24/7 road to continue? 'Haha, in fact, my wife is also wondering why I have to start day and night daring entrepreneur? Low three asked investors for money? She even joked sometimes that if I switch to venture capital earlier, we now travel the earth for several laps '
When it comes to starting a business, Eric feels sorry for his wife. But she still supported me very much because she knew I did not think so much about money and that entrepreneurship was my source of happiness. When, in 1979, Eric, the 10-year-old, first saw his computer at a company in San Francisco, he did not know that years later he, a former refugee, used computer technology to create a Social Empire, and in the forefront of science and technology business for 23 consecutive years, while the wonderful story, to continue.
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