Reid Hoffman. REUTERS/Fred Prouser Reid Hoffman said businesses should halt funding to politicians limiting voting rights. The billionaire cofounder of LinkedIn said voting is pro-American and pro-business. Last week, hundreds of businesses declared opposition to restrictive voting laws in a statement. See more stories on Insider's business page. Reid Hoffman, the billionaire cofounder of LinkedIn, told CNN that businesses should stop funding politicians who support limiting voting rights.Protecting voting rights and accessibility is "pro-business" and "pro-American," and not supporting those rights is an easy reason to stop funding any politician, he told the network in an email.He added that employees should receive paid time off to cast their ballots and that companies should encourage workers and consumers to vote.Hoffman did not immediately respond to Insider's request for comment for the story.Read more: Corporate America's response to Georgia's new voting laws isn't benevolence.