LinkedIn was founded in 2002 by Reid Hoffman in his living room and officially launched in May 2003. Since then, it has evolved into a diversified enterprise generating revenues through membership subscriptions, advertising, and recruitment solutions. Under the guidance of CEO Daniel Shapero, LinkedIn has expanded its impact as a leading professional network. In December 2016, Microsoft acquired LinkedIn, uniting the world's foremost professional cloud platform with the premier professional network, further enhancing opportunities for professionals worldwide.