LinkedIn: An IPO Candidate for 2010?

December 30th, 2009 | by Jason Alba |

TechCrunch has a post on The Top Ten IPO Candidates For 2010.  LinkedIn is one of the suggestions (it is #3 on the list, although I’m not sure that the list is in any order).

Erick Schonfeld (@erickschonfeld) writes:

>> The other social network,

Very interesting that this is “the other one.”  There are hundreds of thousands of social networks, if you count all the Ning sites.  But I agree, when I think of social networks I’m interested in, LinkedIn and Facebook are the two most important.

>> LinkedIn is like the enterprise version of Facebook.

Interesting description.  Makes it sounds more important and more boring at the same time.   But “enterprise” means MONEY.  Not sexy, fun, flashy, college money, but corporate bucks.  Not a bad positioning.

>> It is where business gets done

YES, YES, YES.  Too many people assume LinkedIn is just a big job seeker and recruiter environment.  I know that it is much more than that.  If it isn’t more than that for you, you aren’t using it right.

>> and people find jobs.

Definitely true.  Have you ordered my LinkedIn for Job Seekers DVD yet?

>> LAst year alone it raised about $75 million at a $1 billion valuation.

It says the total raised is $103 million.  And their staff has really grown in the last 2 years!

>> And in the Founder Reid Hoffman has spoken repeatedly about LinkedIn’s ability  to IPO.  Earlier this year, he recruited former Yahoo exec Jeff Weiner to be CEO and is spending more time himself as a venture capitalist, which has always been his sideline.

Interesting, huh?

  1. One Response to “LinkedIn: An IPO Candidate for 2010?”

  2. By Steven Burda, MBA on Jan 10, 2010 | Reply

    if they do an IPO, I will become a shareholder.

    and they I will attend a meeting.

    and tell my story what they really do behind the “scenes”

    http://tinyurl.com/LetterToLinkedin

    - Steven Burda

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