LinkedIn Co-Founder Reid Hoffman to Leave Microsoft’s Board (1)

Reid Hoffman, the LinkedIn co-founder and venture capitalist, will leave Microsoft Corp.’s board later this year, saying he wants to focus on his new artificial intelligence company.

“We’re seeing such progress with Manas, I said ‘Look, I think I need to get back to founder mode,’” Hoffman said in a video posted to his social-media accounts. Manas is a drug-discovery startup.

“It’s been a huge honor and pleasure” to serve on Microsoft’s board, Hoffman said in the video, which shows a conversation with Microsoft Chief Executive Officer Satya Nadella.

Hoffman joined Microsoft’s board in 2017 following ...