before linkedin cofounder reid hoffman made him a proposition to help run the professional social networkit was a match made in silicon valley heaven. weiner became the ceo he never expected to be and hoffman stayed on as chairman. linkedin now has over 400 million members in 200 countries but faces its biggest challenge yet. so big, jeff weiner donated his own $14 million stock bonus to his employees. joining me today on "studio 1.0," linkedin ceo jeff weiner. thank you so much for being here. jeff: thanks for having me. emily: we will start with the elephant in the room. after the first quarter earnings report, stocks plummeted 40+%. it still has not recovered. is the magnitude of that market reaction fair? jeff: you know, who's to say whether or not it is fair. it's a market. that's what markets do. they determine the day-to-day price. we through everyday execution will determine the long-term value. i think it was a surprise. we were not expecting that kind of response. when you look at the core elements of our business, they remain healthy. if you look at north american field sales f

before linkedin cofounder reid hoffman made him a proposition to help run the professional social networkalley heaven. weiner became the ceo he never expected to be and hoffman stayed on as chairman. linkedin now has over 400 million members in 200 countries but faces its biggest challenge yet. so big, jeff weiner donated his

linkedin for $26 billion in cash. scarlet: clinton chairman and cofounder -- linkedin cofounder reid hoffman is clive at the global entrepreneurn interview with emily chang. emily: hey, hewitt reid hoffman, who just got off stage after giving a fabulous speech. great to have you back here. reid: great to be here. obama has donet this summit not for a few years and you travel a lot. how successful has the white house in an exporting entrepreneurship and an american brand of entrepreneurship? and it cannk good always be better, but he did the first global entrepreneurship summit in 2010. i think part of the thing is what does america help the whole with? vr and entrepreneurial country, where potentially the first of the start of countries, where it is, ok, now we are world order, creating a new one, and i think it is good to take that position. i think what they are doing is saying, this is what america is about and here's how we form relationships with you, our culture with their country because we help your entrepreneur's be better for whatever we can possibly get we learn from you, too. emily: you joked that president obama w

later today, linkedin chairman and cofounder reid hoffman. jon: we are 12 minutes into the session.t's find a -- let's find the movers with julie hyman. julie: it is a broad rally in the s&p. seeing 467 of the 500 stocks in the s&p trading higher. red hot is not one of them. the maker of the limit software coming out with the forecast that missed estimates after the company approved a $1 billion share buyback. it is the second quarter forecast of -- forecast coming in short. shares down nearly 5%. interesting split in the office furniture industry. veryompanies are trading differently. steelcase coming out with a forecast low estimates talking about the lingering downturn in the energy sector and said it saw a decrease in orders in the u.k. herman miller skipped all of that business from north america. it shares are up after it's predicted first-quarter earnings above what analysts had been anticipating. we are looking at blackberry this morning. that company's sales short of analyst's estimates, but broke even last quarter. sold 500,000 devices in the quarter. blackberry says it is

linkedin. theto-day operations with company, microsoft cofounder bill gates has high hopes for the deal. he spoke with bloomberg's erik schatzker in boston. i think it is a great transaction. linkedin brings a lot. i know reid hoffmannner, the team there builds incredible audience, so combined with what microsoft does, working with people in productivity, helping professionals communicates, i think there will be a lot of synergy there. encouraging of that deal coming together and glad to see it, that it really happened. investorsar, have not been very supportive of the transaction. should they be? bill: the stock price will jump up and down. i am no expert on what the stock rice should be day today. i certainly think that the value of the two combined is greater i love themselves, but the idea that the market wants us to show that. i mean, the company, expert in software and managing, and it is great that they have an opportunity to surprise the world and say, oh my god, look, this professional feed in linkedin, that is how i want to learn about my career, my company, my industry. i am going back there. if we can make that as, say, valuable as the facebook feed is in the social world, that is huge value creation, a