After a very profitable decade on Microsoft’s board, Reid Hoffman is stepping down. The company announced on Thursday. Hoffman joined the board after Microsoft bought his company LinkedIn for $26.2 billion in 2016.

Hoffman was on Microsoft’s board when it made its first $1 billion investment in OpenAI in 2019. Referring to Too many potential conflicts of interest to continue. He was also on Microsoft’s board when the tech giant entered into a non-acquisition, acquire-hire deal with its AI startup Inflection AI for $650 million. Microsoft hired Inflection co-founder Mustafa Sulaiman through the deal.

On a recent episode of his “Possible” podcast, Hoffman, speaking with Microsoft CEO Satya Nadella, said he’s ready to go into “founder mode” with his latest AI startup. familiar. Manas is a drug discovery company that raised over $50 million through a Two seed cycles last year. Hoffman is an investor, as is General Catalyst.

Hoffman is cited as Manas’ co-founder and chairman of the board, though not CEO. This work is by Dr. Siddhartha Mukherjee, a physician, biologist, and Pulitzer Prize-winning author of the 2011 book “The Emperor of All Maladies: A Biography of Cancer.”

Still, Hoffman said he’s excited to give more attention to the familiar.

“One thing I realized in the last month is, we’re seeing such growth with Manus. I need to get back into founder mode,” he said. He believes the startup is thriving. On “Move 37” AIThis means AI that surpasses human creativity in chemistry, especially for fighting various cancers, he added.