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LinkedIn's Series B Pitch to Greylock: Pitch Advice for Entrepreneurs

reidhoffman.org

Friendster was at its height, strongly battling MySpace after raising its premium round from Benchmark and Kleiner in the fall of 2003. Friendster raised a big round in 2003; MySpace started gaining traction. Designing the subscription product this way created more value for our members, which made the network itself more valuable.