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Jun 8, 2026 4:00 PM

Reid Hoffman Exits Microsoft Board A Decade After LinkedIn Sale — Stock Has Soared 570%

Entrepreneur and venture capitalist Reid Hoffman recently announced that he is stepping down from the Board of Directors at Microsoft Corporation (NASDAQ:MSFT). Hoffman has been on the board for 10 years, since the company he co-founded was acquired. Here's a look at the stock performance for Microsoft since the acquisition.

Microsoft Stock Gains Top S&P 500

On June 13, Microsoft announced its then-largest acquisition ever with a $26.2 billion deal to acquire LinkedIn, a company co-founded by Hoffman.

The acquisition remains the second-largest in Microsoft’s history, topped only by the $69 billion paid to acquire video game giant Activision Blizzard.

The LinkedIn acquisition closed on Dec. 8, 2016, which is around the time Hoffman joined the Microsoft Board of Directors.

Microsoft stock traded as ...