LinkedIn just announced that Michael Moritz, the Sequoia Capital partner whose past investments include Google and Yahoo, is joining the companya4ぎa4г board.
The immediate reason for the move is the departure of Mark Kvamme, who is leaving both Sequoia and the LinkedIn board to become the director of Ohioa4ぎa4г department of development. But there are larger ambitions suggested by the fact that Sequoiaa4ぎa4г most famous partner is joining the board (back when Forbes was still ranking venture capitalists on its Midas List, Moritz was usually vying with fellow Google investor John Doerr for the top spot).
There has been speculation about LinkedIn going public for a while now. Reuters recently reported that the company plans to hold its IPO this year to get ahead of Facebooka4ぎa4г expected public offering in 2012. And Moritz certainly has experience serving on the board of companies that go public.
LinkedIna4ぎa4г board also includes chief executive Jeff Weiner, founder Reid Hoffman, A. George a4ぎASkipa4ぎ Battle, Leslie Kilgore, Stan Meresman, and David Sze.
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Companies: linkedin, Sequoia Capital
People: Mark Kvamme, Michael Moritz
Companies: linkedin, Sequoia Capital
People: Mark Kvamme, Michael Moritz
Anthony is a senior editor at VentureBeat, as well as its reporter on media, advertising, and social networks. Before joining the site in 2008, Anthony worked at the Hollister Free Lance, where he won awards from the California Newspaper Publishers Association for breaking news coverage and writing. He attended Stanford University and now lives in San Francisco. Reach him at anthony@venturebeat.com. (All story pitches should also be sent to tips@venturebeat.com) You can also follow Anthony on Twitter.
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