Ly started his professional career in technical positions at Steve Jobs' NeXT, IBM, Sun Microsystems, and General Magic. In 1995, Ly co-founded Netmosphere, a software company enabling project management collaboration utilizing Internet technologies such as Java. Menlo Ventures invested in the firm, which was subsequently acquired by Critical Path, Inc. In 2000, Ly co-founded a mobile software company called Tresidder Networks in which Industry Ventures invested.
LinkedIn
In 2002, Ly co-founded LinkedIn with Reid Hoffman, a Stanford schoolmate, and several other co-founders, including Jean-Luc Vaillant, Allen Blue, and Konstantin Guericke. When Microsoft acquired LinkedIn in 2016 for $26.2B, it was the world's "largest social networking site focused on the working world" with more than 400 million registered users. As LinkedIn's founding CTO, Ly "helped create some of its core product features, which enabled the company to reach profitability and a quickly growing user base."
From 2008 to 2011, Ly served as a venture partner for Wellington Partners, a Munich, Germany-based venture capital firm whose investments include Xing and Spotify.
Current projects
In 2007, Ly launched Presdo with $35,000 of his own money. The company first built a meeting scheduler chatbot described as "pure, refined, focused, with a fairly deep understanding of how real people, not just 'users,' think, act and want from their online apps." On the suggestion of Loic Le Meur and others, Ly was persuaded to adapt the meeting scheduler to conferences where it could help attendees arrange face-to-face meetings. The technology evolved into a mobile app called Presdo Match, "that facilitates networking" and "provides a searchable directory of attendee profiles, makes connection recommendations, and highlights which contacts from existing networks are in attendance so users can send messages and schedule meetings with other attendees." Presdo Match was launched in 2010 at the LeWeb conference, "the biggest European Internet conference." Ly subsequently expanded his marketing efforts for Presdo Match globally.
Patents
Ly holds the following patents: Method for graphical classification of unstructured data Method of leveraging social networking with a messaging client Method and system for leveraging the power of one's social-network in an online marketplace
Speaking
Ly has spoken at many event-industry conferences on the topic of social technology and its role in live events, including The Meetings Technology Expo, Web Summit, Expo! Expo!, and the Society of Independent Show Organizer's CEO Summit.
Awards and recognition
In 1991, Eric Ly graduated from Stanford University as a member of the Phi Beta Kappa Society.
In 2013, Ly was listed among the Top 50 Innovative Event Pros.