Microsoft made other attempts to buy LinkedIn

|About: Microsoft Corporation (MSFT)|By:, SA News Editor

Microsoft's (NASDAQ:MSFT) acquisition of LinkedIn (NYSE:LNKD) this year wasn't the first approach made by the U.S. technology giant to buy the firm, one of the professional networking site's founders told CNBC.

"Since the early days, Microsoft had a standing offer to our VCs," Konstantin Guericke declared, stating MSFT had approached the company before he left in 2006.

But the entrepreneur, along with other co-founders including current chairman Reid Hoffman, felt the site still had a long way to grow at the time and didn't see the need to sell out.