LinkedIn Co-Founder Buys Flying Taxi Firm


Reid Hoffman and Mark Pincus, founding father of Zyanga, acquired Jo Aviation.

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Reid Hoffman , co-founder of LinkedIn , and Mark Pincus, founding father of Zyanga, agreed final week to purchase the Jo Aviation firm, which develops flying electrical taxis.

In response to an Axios publication, Reinvent Expertise Companions – Hoffman and Pincus’ firm – valued Jo Aviation at about $ 6.6 billion.

Picture: Jo Aviation

Jo asserts that his electrical airplane takes off and lands vertically silently in order to not generate noise in cities and that it may transport its passengers at 350 kilometers per hour.

The aviation firm expects flight certification 2023.



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