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Showing posts with label Career social Networks. Show all posts
Showing posts with label Career social Networks. Show all posts

February 25, 2012

The Making of 8 Years of Linkedin

Type  :Public 
Traded as :NYSE: LNKD

Founded Santa Monica, California (2003)
Date of Launch:May 5, 2003

Founder(sReid Hoffman / Allen Blue /Konstantin Guericke Eric Ly/ Jean-Luc Vaillant
Headquarters Mountain View, California, US

Area served Worldwide
Key Management People Reid Hoffman (Executive Chairman) Jeff Weiner (CEO)

Revenue :$243 million (2010) 
Net income :$15 million (2010) 

Employees :1,797 ( as of 2011) 

Alexa rank :12 (February 2012) 
Advertising :Google, AdSense

Registration :Required
Users :150 million
Languages Available  :English, French, German, Italian, Portuguese, Spanish, Romanian, Russian and Turkish.

May 18, 2011

Linkedin I.P.O. To Raise More Than $405 Million

  • 100 million members from 200 countries
  • 2,000,000,000 people searches in 2010 on LinkedIn
  • Executives from Fortune 500 are LinkedIn members
LinkedIn, which is set for an initial public offering on Thursday, could raise more than $405 million, up from an estimate of $315 million earlier this month, according to a regulatory filing on Tuesday. 

As investor demand for social media companies has surged, LinkedIn, whose networking site for professionals has more than 100 million members in over 200 counties, said it planned to sell more than 7.84 million shares at $42 to $45 apiece. The underwriters have the option to sell additional 1,176,000 shares, depending on the appetite for the offering. 

Nytimes reports that LinkedIn's Its current pricing plans represent an increase of more than 30 percent from previous expectations. In early May, the company said in a regulatory filing shares at $32 to $35.

LinkedIn is the latest Internet company rushing to go public, amid strong investor interest and improved market conditions. Social networking sites are among the most sought after offerings, and LinkedIn will be one of the first major players in the United States to go public this year. At the top end of the price range, the company is now valued at about $4.3 billion, up from more than $3 billion based on earlier pricing.