Monday, January 29, 2007

alarm:clock: LinkedIn Worth A Quarter Billion?

"As we just posted, Silicon Valley’s Bessemer Venture Partners and the European Founders Fund invested $12.8M in LinkedIn placing a value of more than $250M on the business social network. That's a nice round number. Would Wall Street pay that?
At a party at Stinson Beach recently a couple of tech investment bankers who have been around the block were scratching their heads about the value of LinkedIn. We have heard this refrain before. It seems to us that most people complain about the hassle of LinkedIn. Why spend time maintaining your list and then never use it? "

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