Linkedin.com or How to Milk the Social Cow
This is becoming a fashion now – everybody talks about investing in social media. Facebook.com is valued anywhere between $40 billion and $100 billion, based on what the private investors paid for. RenRen, its Chinese counterpart, is already at $7.5 billion. And more are to come…
But one company did the step and they did it at the right moment. Linkedin.com, the site for professionals interaction who was launched in 2003 (before Facebook.com, launched in February 2004), listed itself this month. And it made it big time, with its shares increasing in 1 day to 90 USD/share, more than Google.
Why is this launch important?
First of all, because linkedin.com is the first major public listing of a social media company. Others are just talked about and valuations are very estimative, but linkedin.com opened the sector doors with a successful launch.Read More »Linkedin.com or How to Milk the Social Cow