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Reid Hoffman Unknown Facts

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Reid Hoffman is an American entrepreneur who co founded LinkedIn, a tool many use as a professional networking site.  Let’s look at some unknown facts about Hoffman.

 

Unknown facts about Reid Hoffman

1. Reid Hoffman’s parents used to attend tear gas demonstrations when he was a child and took Hoffman along with them on several occasions.

2. At the age of 14, Hoffman grew tired of his local school and applied to a private school called the Putney School, without the knowledge of his parents. 

3. Hoffman is the reason Facebook got a $ 500,000 investment from Peter Thiel, the co founder of PayPal.  Reid Hoffman was the person who arranged a meeting between Facebook’s Mark Zuckerberg and Peter Thielheil, a good friend of Hoffman. 

4. Hoffman organises “The Weekend To Be Named Later,” an off the record conference,  where a group of individuals discuss ways in which they can bring positive changes in the world.

5. Hoffman plays board games as a way to relax.  He calls Settlers of Catan his favorite game, as the techniques of the game are related to business management.

6. At work, Reid Hoffman uses big computer screens, which he claims, help him see his ideas very clearly and assist him in getting his work done quickly.

7. Hoffman and his wife Michelle Yee decided against having any children because of Hoffman’s heavy workload, which would not allow him to commit to his children.

8. Hoffman’s close friend Peter Thiel is committed to help Hoffman lose weight.  According to Thiel, Hoffman has always spent a lot of time working and in the process, neglected his health. 

 

Reid Hoffman is a true entrepreneur who is constantly looking for ideas to innovate companies and is an inspiration to many.

Which fact about Reid Hoffman surprised you the most?  Comment below and let us know.

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Inverstors Stories

Info Edge Shareholders Approve ₹1,000 Crore Investment in New Venture Fund

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Info Edge

Info Edge (India) Ltd shareholders have overwhelmingly approved an investment of up to ₹1,000 crore in the company’s third venture capital fund, Info Edge Ventures Fund III. The proposal received near-unanimous backing, with 99.9995% of valid votes in favor out of 1,274 participants.

Smartweb Internet Services Ltd, a wholly owned Info Edge subsidiary, will act as sponsor and investment manager for the new fund. This move strengthens Info Edge’s commitment to backing early-stage startups and expanding its footprint in India’s venture capital landscape.

Info Edge has a strong track record as an early investor in leading Indian startups like Zomato and PB Fintech, with combined holdings in these firms valued at ₹31,500 crore ($3.7 billion) as of March 31, 2025.

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Entrepreneur Stories

Razorpay Partners with MeitY Startup Hub to Accelerate Deeptech Innovation in Tier II and III Cities

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Razorpay

MeitY Startup Hub (MSH), under the Ministry of Electronics and Information Technology, has partnered with fintech leader Razorpay to support the growth of deeptech and emerging tech startups across India, with a special focus on those in Tier II and III cities. Through this collaboration, early-stage startups will gain access to Razorpay’s fintech infrastructure, mentorship, and resources via the Razorpay Rize program.

Startups in areas like AI, blockchain, robotics, and IoT will benefit from streamlined company incorporation support, expert mentorship, product credits, and guidance for applying to global accelerators such as Y Combinator. Selected founders will also join the exclusive Rize Community, connecting with peer networks and attending masterclasses.

MSH CEO Panneerselvam Madanagopal emphasized that this partnership will help founders scale faster by providing vital support in mentorship, capital access, and digital infrastructure. As India’s startup ecosystem surpasses 159,000 DPIIT-recognised startups, this initiative aims to give deeptech entrepreneurs the tools and networks needed to innovate for India and expand globally.

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Info Edge Delivers 36% Returns on Startup Investments

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Infoedge

Info Edge, the parent of Naukri.com, has achieved a 36% gross internal rate of return (IRR) on its startup investments since 2007, turning a total investment of INR 3,959 crore across 111 startups into a portfolio now valued at INR 36,855 crore-a nearly 9X gain. Early bets on Zomato and Policybazaar have been especially lucrative, with holdings in these two companies alone worth INR 31,500 crore as of March 2025.

The company’s investment strategy spans multiple vehicles, including the SEBI-registered Info Edge Venture Fund (IEVF), Info Edge Capital, and Capital 2B, with a combined fund corpus of INR 3,423 crore and Info Edge committing INR 1,614 crore. Early-stage investments now contribute 30-40% of the company’s overall value.

Info Edge’s Alternative Investment Fund (AIF) investments have yielded an IRR of 18.7%. Many portfolio companies, such as TrueMeds, Geniemode, Attentive.ai, and InPrime, have attracted follow-on funding from major investors like Accel, Peak XV Partners, and Tiger Global. Notably, BlueStone, the largest investment of Info Edge Capital, has filed for an IPO after securing investments from Prosus, Peak XV, and Steadview Capital.

Founder Sanjeev Bikhchandani emphasized the company’s focus on strong governance and financial controls, with a preference for value realization through public listings or strategic exits.

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