QUOTE AND NEWS
guardian.co.uk  Nov 25  Comment 
Over 1,000 new online recruiting sites have popped up in recent years. No wonder some business owners like to go low-tech Relying on online listings, young Americans struggle to find jobs Hiring via social networks: work for the wealthy,...
Forbes  Nov 21  Comment 
Do yourself a favor and don't ever send the message "I'd like to connect with you."
Bloomberg  Nov 21  Comment 
Whose Internet Is It Anyway? China Wields More Influence A few days before the anniversary of China’s crackdown in Tiananmen Square this June, Patrick Poon posted a video...
Motley Fool  Nov 20  Comment 
Facebook is declaring war on LinkedIn with Facebook at Work. Here’s why LinkedIn investors should be worried.
TechCrunch  Nov 20  Comment 
 LinkedIn — the social network for the working world — has been working on launching various tools to increase the usefulness and engagement of its platform to its 300m+ users. Today sees the launch of the latest of these. LinkedIn is...
TechCrunch  Nov 18  Comment 
 Another chapter closed in the life of BranchOut, the failed startup that attempted to create a “LinkedIn within Facebook” with tens of millions of dollars in venture backing. The company’s assets have been acquired by 1-Page, an HR...
Benzinga  Nov 18  Comment 
LinkedIn Corp (NYSE: LNKD) and Facebook Inc (NASDAQ: FB) are soon going to be at loggerheads in the social platform space. While LinkedIn is an established social platform for the workplace, Facebook is rumored to be testing a similar...
Motley Fool  Nov 18  Comment 
Facebook might be looking to get into enterprise software. That's a profitable sector, but it's rife with intense competition.




 
TOP CONTRIBUTORS

LinkedIn (NYSE:LNKD) is an online professional network. Members of the network can use the platform for free to create and manage their professional identity, engage with other professionals, and access relevant business information. Through the platform, LinkedIn allows professionals to communicate with one another and ultimately find new careers and business opportunities.[1] LinkedIn makes money in three ways. First, it provides organizations with hiring solutions. These solutions allows enterprises to advertise job postings to members based on key qualities, such as location, experience, and education. This allows organizations to contact potential employees who are not actively searching for a job. Next, it sells display advertisement space on the site to marketeers. Finally, it allows members to upgrade to paid, premium subscriptions. Premium subscriptions allow members, acting as an individual or on behalf of a company, to view enhanced search results, gain additional channels of communication, and receive priority customer support.[2]

While LinkedIn remains focused on general professional networking, there is a trend in the industry to move towards specialized knowledge sharing, collaboration, and networking. For example, Stackoverflow provides a question and answer service as well as a career service for computer programmers. Other sites have focused on discussion, collaboration, and interaction between and among employees and potential employers. These services allow members two main benefits. First, they can find specific answers to their specialized questions. Second, they can interact directly with relevant companies in their field. LinkedIn's generality and lack of specialty within the professional network space does provide benefits, but the company may refocus on this trend.[3][4]

The company's initial public offering of stock on the NYSE occurred on May 18, 2011. The company offered 7.8M shares each for $45. This was at the high end of the revised price range of $42-$45. The company had originally announced an initial price range of $32-$35. The offering raised a total of $353M. The final offering was 35% larger than had the pricing occurred at the midpoint of the initial range. The lead managers of the IPO were Morgan Stanley (MS), Bank of America (BAC), and J P Morgan Chase (JPM).[5]

The company's first day 109% return was the fifth largest for an IPO in the post bubble era. [6]

For the full year 2010, LinkedIn reported a total revenue of $243M and a net income of $14.5M. Revenue increased by 103% over the previous year, and net income increased from a net loss $4M.[7]

  1. LNKD S-1/A 2011 PROSPECTUS SUMMARY "LinkedIn Corporation" pg 1-2
  2. LNKD S-1/A 2011 PROSPECTUS SUMMARY "How We Generate Revenue" pg 45-46
  3. LNKD S-1/A 2011 PROSPECTUS SUMMARY "LinkedIn Corporation" pg 1-2
  4. Seeking Alpha "LinkedIn: IPO Will Place Company at Strategic Crossroads" 21 Feb 2011
  5. Renaissance Capital - IPO Home "LinkedIn prices IPO at $45, high end of revised range" 18 May 2011
  6. Template:Cite news
  7. LNKD S-1/A 2011 PROSPECTUS SUMMARY "Summary Consolidated Financial Data" pg 10-11
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