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LinkedIn's Reid Hoffman on Recession

High growth startups are particularly prone to bad news. One big question is how will social media respond.  LinkedIn's Reid Hoffman (who owns several other social startups) says LinkedIn is good to go:But LinkedIn, he argues, may be a recession play. As industries
struggle, he says more workers shed the illusion that they're safe and
protected inside companies. They face what Hoffman calls the reality of
the modern career: "Essentially," he says, "every individual is a small
business." He predicts that workers increasingly will be networking
outside their companies, looking for the right leads or morsels of
knowledge—and for this, millions of them will turn to LinkedIn.
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