Key facts
- Reid Hoffman is stepping down from Microsoft's board of directors.
- He joined the board in 2016 after Microsoft acquired LinkedIn.
- Hoffman wants to focus on his AI-powered drug discovery startup, Manus.
- The departure was disclosed in a regulatory filing on Thursday.
Reid Hoffman, the billionaire co-founder of LinkedIn, is stepping down from Microsoft Corp.'s board of directors later this year. The company disclosed the departure in a regulatory filing on Thursday. Hoffman stated that he wants to go "founder mode" with Manus, his AI-powered drug discovery startup. He originally joined Microsoft's board in 2016, the same year Microsoft acquired LinkedIn for $26.2 billion. Hoffman has been a prominent figure in both the tech and venture capital worlds, and was an early investor in OpenAI.