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CNBC EXCERPTS: LINKEDIN CEO JEFF WEINER ON CNBC TODAY

WHEN: TODAY, THURSDAY, MAY 19TH

WHERE: CNBC’S “SQUAWK ON THE STREET

Following are excerpts from the unofficial transcript of a FIRST ON CNBC interview with LinkedIn CEO Jeff Weiner. Following is a link to the full interview on CNBC.com: http://video.cnbc.com/gallery/?video=3000022908.

All references must be sourced to CNBC.

WEINER ON LINKEDIN:

WE HAVE OVER 100 MILLION MEMBERS, WE'RE GROWING AT ABSOLUTE FASTEST RATE IN HISTORY, FASTER THAN A MEMBER PER SECOND. PUT THAT IN CONTEXT, IT TOOK US 500 DAYS TO ADD OUR 1ST MILLION MEMBERS, IT TOOK US LESS THAN SEVEN DAYS TO GET THAT LAST MILLION, HALF OF THAT IS COMING FROM OVERSEAS SO IT IS TRULY GLOBAL GROWTH AT THIS POINT.

WEINER ON INVESTING

OUR FOCUS RIGHT NOW IS TO CONTINUE TO INVEST. WE'VE SEEN OVER THE LAST SEVERAL QUARTERS ACCERLERATING TOPLINE GROWTH. WE BELIEVE THIS IS AN INCREASING RETURNS BUSINESS. SO WE ARE GETTING AFTER IN TERMS OF INVESTING OUR PLATFORM. WE ARE OPERATING TWO VERY LARGE ADDRESSABLE MARKET PLACES IN TERMS OF HIRING SOLUTIONS AND MARKETING SOLUTIONS AND WE WANT TO MAKE SURE WE'RE INVESTING IN THE UNDERLYING TECHNOLOGY. OUR PRODUCTS, OUR SALESFORCE AND OUR GLOBAL FOOTPRINT TO TAKE FULL ADVANTAGE OF THAT.

WEINER ON GROWING:

WE'RE VERY FOCUSED ON GROWING THOSE THREE BUSINESS LINES. I THINK WE'RE IN A VERY FORTUNATE POSITION. WE'VE GOT THE DIVERSITY ACROSS THOSE THREE. I THINK THEY'RE SCALING. THEY'RE GPOWING RAPIDLY. THE HIRING SOLUTION BUSINESS IS REALLY ABOUT A UNIQUE VALE PROPOSITION, WHERE RECRUITERS CAN SEARCH FROM AMONG A HUNDRED MILLION USERS, FIND EXACTLY WHO THEY ARE LOOKING NOT SURPRISINGLY AS A RESULT OF BEING UNIQUE. I THINK THAT IS OUR FASTEST AND LARGEST GROWING BUSINESS. THE MARKETING SOLUTIONS OPPERTUNIRT ENABLES MARKETERS TO TARGET OUR AUDIENCE IN TRULY UNIQUE WAYS. AND THE PREMIUM SUBSCRIPTION HELPS US REALLY HELP US CHERRY PICK PRODUCTS AND SERVICES AND GET THEM TO THE RIGHT MEMBER AT THE RIGHT TIME.

WEINER ON STOCK SALE:

WEINER: 5% WAS OFF OF THE VESTED. IT'S ACTUALLY A LOWER AMOUNT THAN THAT. IT'S REALLY DIMINIMOUS IN THE GRAND SCHEME OF THINGS. I'M A LONG-TERM HOLDER OF THE STOCK.

HOBBS: WOULD YOU HAVE BEEN TEMPTED TO SELL MORE AT $90 A SHARE?

WEINER: NO, TODAY I'M THINKING ABOUT REALLY EXECUTING ON THE PLAN.AGAIN, I DON'T THINK YOU CAN READ TOO MUCH INO THESE INITIAL TRADES NOW THAT IT'S FIRST TRADING. FOR US IT'S ALL ABOUT THE FUNDAMENTALS

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