We have reported on different stories from LinkedIn recently, we have mentioned that they have appointed a new board member and we have also provided some top tips to improve your profile. We have now found various reports saying that LinkedIn is now worth almost $3 billion.
The shares in LinkedIn are currently selling for a minimum of $30 per share on secondary stock exchange; this brings the value of the ‘professional’ social network to just short of $3 billion. So how is the company valued at $2.91 billion when SharesPost values the company at $2.51 billion?
Douglas MacMillan and Ari Levy give a good explanation of how the value jumps up from $2.51 billion to $2.91 Bloomberg.com, so make sure you have a read. LinkedIn seems to be really growing, which is understandable when you think of all the functionality that you can make use of. One of the most valuable of them being the discussions as we explained in a previous article, we did also look at a couple of other aspects so read through the full article and make best use of LinkedIn.
Are you surprised by the valuation of LinkedIn? Do you think it will catch up with the other big social networking sites? Let us know your thoughts in the comments below.