Coming off a weekend of Silicon Valley fundraising, President Barack Obama is visiting LinkedIn this morning, in order to talk about jobs, economy, entrepreneurship and the state of employment in the United States in general. LinkedIn CEO Jeff Weiner introduced the president, who began his talk bringing up the recently announced American Jobs Act, which proposes various reforms for small… → Read More
A few weeks ago I was meeting with Peter Thiel and that pesky question of whether we’re in a bubble or not came up. In a debate both sides are getting bored with, Thiel made a point I hadn’t heard: That LinkedIn’s IPO wasn’t some Netscape moment that opened the markets up for everyone else. In fact, he argued, it was the opposite.
LinkedIn showed that you can have a compelling IPO and get an… → Read More
We caught up with LinkedIn CEO Jeff Weiner yesterday, just after his first earnings call as a public company CEO. In an earlier segment we talked about the surprisingly good quarter LinkedIn had; in this one we talk about the company’s insane roller-coaster of an IPO.
I asked Weiner what that week was like for LinkedIn, a company that’s usually the boring social media giant with no pedophile… → Read More
Wall Street was not in a happy mood yesterday. Thankfully for LinkedIn CEO Jeff Weiner, the company made its debut on the quarterly conference call with surprisingly good earnings– particularly profits no one was expecting and significant jumps in user growth.
We spent some time with Weiner at the company’s headquarters in Mountain View yesterday to talk about a lot of things: The quarter… → Read More
Bubble or not, 2011 may go down as the year of the tech IPO. Not since the last bubble have we seen so many technology companies clamoring to go public. And halfway through the year, we still have many more companies who will be listing on either the NASDAQ or the NYSE in the next six months. Here’s a roundup of the tech companies that have gone public, where they are trading now, and who we can… → Read More
Exclusive: Professional social network LinkedIn has shut down API access to a number of developers for terms of service violations, according to the company. The six developers whose access to LinkedIn’s API include Facebook-focused professional network BranchOut, Monster’s social recruiting app Beknown, brand management app Visible.me, resume service Daxtra, professional reputation manager … → Read More
Zynga filed for its much awaited $1 billion IPO this morning, revealing some impressive revenue and profit numbers. And it looks like recent tech IPOs Pandora and LinkedIn are seeing some major increases in stock value in morning trading after a rocky few weeks.
LinkedIn, which opened at $83 per share in May, has hovered between $60 and $75 per share for the past month, dipping as low as $60 per… → Read More
If I asked you which of the major social sites you thought sent us the most traffic, you might think it was Twitter. After all, the TechCrunch Twitter account has over 1.7 million followers. When you compare this to the (just under) 250,000 fans our Facebook TechCrunch page has, it should be no contest, right? Wrong.
The truth is that if this were October of last year, you would have been right… → Read More
Taking a page from Facebook’s ad formats, professional social network LinkedIn is launching new social ad formats today that will leverage members’ actions on the site to serve more targeted ads.
So if you follow a company, or recommend a product or company, LinkedIn will use this data in display ads to give you a more targeted advertisement. For example, LinkedIn could put up an ad for a Google… → Read More
LinkedIn has taken another deep dive on its user data, comparing women and men’s networking skills on the 100 million-plus member professional network.
The verdict: LinkedIn says that that men are overall more savvy networkers than women, but men and women behave differently in online professional networking. To evaluate LinkedIn “networking savviness” index, the Analytics Team diced data of… → Read More
Klout, a startup that measures influence on Twitter and Facebook, is expanding its product today with the addition of LinkedIn. With the launch of Klout scoring for LinkedIn, you’ll be able to add your LinkedIn account to your Klout score and see your influence on the professional social network network itself.
For background, Klout evaluates users’ behavior with complex ranking algorithms and… → Read More
LinkedIn and investment firm Tiger Global both filed separate SEC filings yesterday evening indicating that the firm loaded up on LinkedIn stock both before and after the company’s IPO in May.
According to the filing, a Tiger’s head Chase Coleman and Tiger fund, PIP V, acquired 2,436,001 shares of preferred and common stock of LinkedIn on secondary markst, from December 21, 2009 to August 10… → Read More
In Silicon Valley the terms of venture capital deals, the prices of valuations and the real stories of ousters are routinely dished, whether they always show up in the press or not. Sure it’s all off the record or on background or whispered at a coffee shop, but people who live here love what they do and when companies and valuations grow this quickly, it’s hard to keep the juicy details under… → Read More
After pricing its IPO at $25 per share a few hours before the market opened, the Russian search giant’s share price jumped close to 40% immediately after its flotation.
The price per share opened this morning at $35, giving Yandex a market cap of roughly $11.2 billion at its debut. That means its value currently far surpasses that of LinkedIn, which went public last week (successfully, too). → Read More
The Gillmor Gang — Robert Scoble, Kevin Marks, Dick Hardt, and Steve Gillmor — got all LinkedIn in the wake of the startup’s successful IPO. Amid the fear mongering about another tech bubble, it seemed more likely that LinkedIn was the first of at least a trio of big social plays going public. Facebook and Twitter seem no brainers, each with their own dynamics in terms of revenue plus… → Read More
LinkedIn’s stock continues to perform well at the start of its second day of trading. After closing on the New York Stock Exchange at $94 per share yesterday afternoon (giving LinkedIn a $9 billion market cap), the professional social network’s first trade began at $98 per share this morning and has reached as high as high as $103.28. The company is now close to a $10 billion market share.
For… → Read More