LinkedIn - Worth $2.51 Billion?

LinkedIn - Worth $2.51 Billion?

LinkedIn now has 90 million users and the IPO information about the Social Media site is most interesting, including revenue over $161 million for the first 9 months of 2010 which was twice the total revenue for 2009. The current estimated IPO value of $2.51 billion is pretty astonishing with only 3 products:

  1. hiring solutions (job listings),
  2. marketing solutions (advertising), and
  3. premium subscriptions.

Those of us who are active on LinkedIn see the great value for networking, and it's amazing that LinkedIn could have such a market value. Clearly this is an interesting message about the value of Social Media sites like Facebook which has +600 million friends and an estimate $2 billion in revenue in 2010!