QUOTE AND NEWS
TechCrunch  3 hrs ago  Comment 
LinkedIn now allows anyone to upload video to the platform, Databricks raises $140 million and Druva raises $80 million, the first day of Y Combinator’s Summer 2017 Demo Days wraps up and Verizon throttles down to 480p for its unlimited plan....
TechCrunch  Aug 22  Comment 
 Video is the name of the game in social networking: sites like Facebook and Twitter have been doubling down on the medium in recent years to drive more traffic and engagement from users, and also as a platform to snare more premium advertising...
TechCrunch  Aug 18  Comment 
 Reinventing the email experience is an area numerous startups have tried to tackle over the years, with some apps focused more on triage, others on making a better desktop alternative to Outlook, and still more aiming to re-envision email as a...
TechCrunch  Aug 16  Comment 
 The team behind Pattern, a two-year-old, Redwood City, Calif.- based startup, has been quietly acquired by Workday, the financial management and HR software vendor that went public in 2012 as now boasts a market cap of $20.9 billion. Terms of...
FiercePharma  Aug 15  Comment 
Facebook is the go-to platform for pharma marketers, a new study finds. That's not surprising, considering the social network's mainstream ubiquity and large reach. But it's also because of Facebook's stepped-up efforts to reel in the pharma...
Insurance Journal  Aug 15  Comment 
A U.S. federal judge on Monday ruled that Microsoft Corp.’s LinkedIn unit cannot prevent a startup from accessing public profile data, in a test of how much control a social media site can wield over information its users have deemed …
Reuters  Aug 14  Comment 
A U.S. federal judge on Monday ruled that Microsoft Corp's LinkedIn unit cannot prevent a startup from accessing public profile data, in a test of how much control a social media site can wield over information its users have deemed to be public.
TechCrunch  Aug 8  Comment 
 When it comes to password breaches on public sites like Adobe, LinkedIn and Yahoo!, there are some known knowns. For instance, there’s a decent chance those credentials will end up for sale on a black market site on that mysterious part of the...




 
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
Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki