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
After opening to $83 per share and a market cap of $7.8 million, LinkedIn closed at $93.86 per share, giving the company a valuation of $8.9 billion. Although the professional social network priced at $45 per share, trading started at $83 (up 84 percent) and reached as high as $122.70 and as low as $80.
In total, LinkedIn raised $352.8 million in gross proceeds from the offering of 7,840,000… → Read More
This is a big day for professional social network LinkedIn, which was founded in 2003. After filing its S-1 with the SEC in January, the company has begin trading its shares, under the symbol LNKD, on the New York Stock Exchange this morning. As we learned yesterday, LinkedIn priced its IPO at $45 per share, giving the company a valuation of $4.5 billion. Today, the company began trading at $83.00… → Read More
Forty-plus weeks traveling the emerging world has taught me many things. Chief among them is that most entrepreneurs outside Silicon Valley learn the wrong lessons looking in.
A lot of that is the fault of publications like TechCrunch: We get excited about new things. If it’s exploding like Groupon, all the better. But we even go nuts over things like Foursquare or Quora that have pretty muted… → Read More
Professional social network LinkedIn has priced its IPO at $45 per share, according to a release issued on the company’s site. This is at the high end of the range, which was estimated at $42 to $45 per share yesterday. This puts the company’s valuation at $4.5 billion.
As we wrote yesterday, the company originally stated the price per share range as $32 and $35 but increased this by 30 percent… → Read More
Wow. According to this filing, professional social network LinkedIn has just upped the pricing of its IPO from between $32 and $35 per share to $42 to $45 per share. This latest pricing, which marks a 30 percent increase, values the company at over $4 billion (from a $3 billion plus valuation at the previous price).
LinkedIn is still offering a total of 7,840,000 shares and is looking to raise as… → Read More
As one professional network puts its IPO plans on hold, another is readying to go public on Thursday. Reuters reported this morning that Viadeo, the world’s second-largest professional network, is putting off its IPO plans to focus on growing its core business. Professional social networking giant LinkedIn is set to begin trading on the New York Stock Exchange this Thursday, under the symbol… → Read More
Exclusive: BranchOut, a professional social network for Facebook, has raised $18 million in Series B funding led by Redpoint Ventures with Accel Partners, Norwest Venture Partners, and Floodgate also participating the the round. This investment brings BranchOut’s total funding to $24 million. Geoff Yang, founding partner of Redpoint Ventures, will join Accel Partner Kevin Efrusy on BranchOut’s… → Read More
After disclosing its intention to list its IPO on the New York Stock Exchange under the symbol LNKD, LinkedIn has released a new filing with the SEC that shows that it is pricing its IPO between $32.00 and $35.00 per share. LinkedIn filed its initial S-1 in January, with the total offering amount of $175 million.
LinkedIn is offering 7,840,000 shares in its IPO, offering 4,827,804 shares of its… → Read More
Finally there’s a reason for young people to use LinkedIn! If you’re having trouble keeping track of where your friends work in this current startupgasm, WhoWorks.At was made for you.
Just download the Chrome extension and it will let you know who in your LinkedIn network works at whatever site you’re currently browsing in Chrome, whether it be Facebook, Google, TechCrunch or some stealth… → Read More
There have been many studies examining the most popular and ideal names for CEOs and professionals. But what’s better than examining the actual data from over 100 million professionals from around the globe? Professional social network LinkedIn has done a deep data dive on the top CEO names, and most popular names by industry and country.
LinkedIn contrasted CEOs with the average LinkedIn… → Read More
Last week, we invited big-thinkers Reid Hoffman and Tim O’Reilly into the TechCrunch Studios to talk about Hoffman’s definition of “Web 3.0″– a torrent of innovation that’s going to be unleashed by all of this personal data being collected about us. In the first segment we talked about the scary implications of this wave of companies, and in the second segment we talked about the… → Read More
In late 2009, LinkedIn opened up its API to allow select developers make applications that tap into LinkedIn’s social network. The professional social network released nearly a dozen APIs which gave third-party developers the ability to access user profile information, message LinkedIn contacts, search LinkedIn and more. Over 1,000 developers tested the platform, which has served one billion… → Read More
Today at Web 2.0 Expo in San Francisco, LinkedIn founder Reid Hoffman took the stage for a chat with NetworkEffect’s Liz Gannes. The main point of the discussion was Hoffman’s belief that “Web 3.0″ is data. More specifically, the platform part of data. But that’s old news, Hoffman gave that talk at SXSW a few weeks ago. More interesting were his thoughts on what Internet companies should do with… → Read More
LinkedIn is using the food truck phenomenon to publicize the launch of its new social news product, LinkedIn Today. In San Francisco and New York, LinkedIn has hired food trucks to give away coffee at locations around both cities.
The trucks, which you can follow on Twitter here, are emblazoned with advertisements for LinkedIn Today. Similar to the way that food trucks use Twitter to advertise… → Read More
As you may have heard, professional social network LinkedIn passed 100 million members this past week. Amid an upcoming IPO, this was a pretty significant milestone for the social network. And today, LinkedIn co-founder and chairman Reid Hoffman has sent the first million members an email, personally thanking them for joining the network in its early days.
TechCrunch editor Erick Schonfeld… → Read More
2011 has proven to be a monumental year so far for professional social network LinkedIn. The company filed its S-1 for a public offering, released a number of data-focused products and unveiled a social news reader for professionals. And today, the professional social network has hit an important milestone: 100 million users.
LinkedIn, which launched in 2003, says that it is now being used in… → Read More
In Silicon Valley it’s not just who you invest in that matters– it’s also when you invest in them. The earlier the investment, the riskier the bet. But the more jawdropping the returns if the company hits it big. It’s so lopsided, that typically just 5% of those unsure early bets create some 95% of the entire venture industry’s returns. Miss one of them, and it haunts you for years. Snag it, and… → Read More
The French press has been going crazy announcing the opening of Linkedin’s new Paris office. Finally, it looks like Linkedin in stepping-up its game to take on French rival, Viadeo. In France, Viadeo counts 4 million users, which is double that of Linkedin’s French userbase. Then again, Viadeo is trailing behind Linkedin internationally with 35 million users to Linkedin’s 90 million. → Read More
Professional social network LinkedIn has a rapidly growing userbase outside of the U.S., and increasingly users want to access the network from their mobile phone. But until now, the company has only offered smartphone apps, as opposed to feature phone apps. Feature phones actually represent 80% of the devices sold worldwide. Today, LinkedIn is teaming up with mobile developer Snaptu to launch a… → Read More
Professional social network LinkedIn, which originally submitted its S-1 filing with the SEC in January, has just posted an amendment to its filing that includes 2010 revenue numbers (previously the filing only included 2010 revenue until September). As we wrote earlier, the maximum proposed total offering price is $175 million but this is just a placeholder amount.
From 2009 to 2010, net revenue… → Read More
It’s nice to see a big web company put out a compelling new product instead of just sitting on its laurels while it’s waiting for its IPO. Today, LinkedIn did that with LinkedIn Today, its social news product for business people. LinkedIn isn’t trying to compete with Twitter, Facebook, or Flipboard here. Instead, it wants to be the Wall Street Journal of social news.
How does it do? At first… → Read More
Professional social network LinkedIn is holding a press event today to talk about the company’s new product strategy. We’re liveblogging the announcement. As we heard from Mrinal Desai, LinkedIn is expected to announce a new social news feature today. That product is LinkedIn Today: a social news product for professionals.
LinkedIn has been actively churning out products that allow users to… → Read More
Back in 2007, we wrote about Google engineering manager Kevin Scott’s move to mobile ad network AdMob. Back then AdMob was just a fledgling startup. Of course, two years later AdMob was acquired by Google for $750 million and Scott joined his previous employer via the deal. Today, we’ve confirmed that Scott has joined professional social network LinkedIn as VP of engineering, and will be working… → Read More
It’s no secret that LinkedIn has been actively churning out products that allow users to leverage the massive amount of data published from the social network’s 90 million professionals. Recently, LinkedIn launched the ability to create visual maps of your connections. And today, the network is allowing users to take a deeper dive into “skills” data on the platform.
LinkedIn Skills allows users… → Read More
LinkedIn’s S-1 filing was released today, and the filing includes a wealth of information that we’ve never seen before. This includes sales, profit, revenue breakdown and more. One interesting data point shared in the filing is LinkedIn’s largest shareholders and how much each shareholder owns.
Out of the 5 percent stockholders, the company’s largest shareholder is LinkedIn’s founder and chairman… → Read More
Professional social network LinkedIn has just submitted its S-1 filing with the SEC, indicating that it will file for a public offering. The maximum proposed total offering price is $175 million but this is just a placeholder amount. The company also announced the filing on its blog.
In terms of revenue, during the nine months ended September 30, 2010, LinkedIn’s net revenue doubled to $161… → Read More