Comments on: LinkedIn Raises Nearly $13 Million More http://www.techcrunch.com/2007/01/28/linkedin-raises-nearly-13-million-more/ Startup and Technology News Fri, 27 Nov 2009 03:27:56 -0800 hourly 1 By: The Professional Social Network Debate http://www.techcrunch.com/2007/01/28/linkedin-raises-nearly-13-million-more/comment-page-2/#comment-2568399 The Professional Social Network Debate Tue, 16 Dec 2008 07:20:43 +0000 http://www.techcrunch.com/2007/01/28/linkedin-raises-nearly-13-million-more/#comment-2568399 [...] background behind this blog post is that I sparked a fairly interesting debate on TechCrunch.  Mike Arrington of TechCrunch linked to a story on MarketWatch which contained a quote by Keith [...] [...] background behind this blog post is that I sparked a fairly interesting debate on TechCrunch.  Mike Arrington of TechCrunch linked to a story on MarketWatch which contained a quote by Keith [...]

]]> By: IT|Redux - Contact Managers Roundup http://www.techcrunch.com/2007/01/28/linkedin-raises-nearly-13-million-more/comment-page-2/#comment-2526245 IT|Redux - Contact Managers Roundup Thu, 06 Nov 2008 19:21:29 +0000 http://www.techcrunch.com/2007/01/28/linkedin-raises-nearly-13-million-more/#comment-2526245 [...] to pay for the extra functionality, as illustrated by Xing’s recent IPO or LinkedIn’s latest round of venture capital. This is good news, for it means that most players should remain around for the [...] [...] to pay for the extra functionality, as illustrated by Xing’s recent IPO or LinkedIn’s latest round of venture capital. This is good news, for it means that most players should remain around for the [...]

]]> By: LinkedIn rüstet sich mit 12,8 Mio. gegen Xing und Reid Hoffman muss sich rechtfertigen : WebWorkBlogger http://www.techcrunch.com/2007/01/28/linkedin-raises-nearly-13-million-more/comment-page-2/#comment-2420458 LinkedIn rüstet sich mit 12,8 Mio. gegen Xing und Reid Hoffman muss sich rechtfertigen : WebWorkBlogger Sat, 26 Jul 2008 16:28:15 +0000 http://www.techcrunch.com/2007/01/28/linkedin-raises-nearly-13-million-more/#comment-2420458 [...] es aber auch um eine bessere Vorbereitung auf einen bevorstehenden Börsengang, wie man aus einigen Gerüchten herauslesen [...] [...] es aber auch um eine bessere Vorbereitung auf einen bevorstehenden Börsengang, wie man aus einigen Gerüchten herauslesen [...]

]]> By: Wohin mit dem Geld (I): Lars Hinrichs von XING bzw. Open Business Club AG | Gründerszene http://www.techcrunch.com/2007/01/28/linkedin-raises-nearly-13-million-more/comment-page-2/#comment-2140107 Wohin mit dem Geld (I): Lars Hinrichs von XING bzw. Open Business Club AG | Gründerszene Mon, 07 Apr 2008 20:17:29 +0000 http://www.techcrunch.com/2007/01/28/linkedin-raises-nearly-13-million-more/#comment-2140107 [...] aufwarten kann. Neben Bessemer sind auch die tapferen Samwer Brüder mit an Bord, auf Techcrunch wird auch über Bewertungen & Summen gemunkelt. zurück zur [...] [...] aufwarten kann. Neben Bessemer sind auch die tapferen Samwer Brüder mit an Bord, auf Techcrunch wird auch über Bewertungen & Summen gemunkelt. zurück zur [...]

]]> By: LinkedIn: Social Networking for All http://www.techcrunch.com/2007/01/28/linkedin-raises-nearly-13-million-more/comment-page-2/#comment-1609856 LinkedIn: Social Networking for All Tue, 11 Sep 2007 03:59:29 +0000 http://www.techcrunch.com/2007/01/28/linkedin-raises-nearly-13-million-more/#comment-1609856 [...] They are profitable, and well positioned for grow more as they are raising more money [...] [...] They are profitable, and well positioned for grow more as they are raising more money [...]

]]> By: TechCrunch en français » Le trafic de LinkedIn est en hausse mais est-ce suffisant? http://www.techcrunch.com/2007/01/28/linkedin-raises-nearly-13-million-more/comment-page-2/#comment-1500794 TechCrunch en français » Le trafic de LinkedIn est en hausse mais est-ce suffisant? Mon, 16 Jul 2007 10:04:51 +0000 http://www.techcrunch.com/2007/01/28/linkedin-raises-nearly-13-million-more/#comment-1500794 [...] telles que le service Answers (Reponses) et un service de recommandations, le tout avec investissement de 25.8 millions de dollars derrière tout [...] [...] telles que le service Answers (Reponses) et un service de recommandations, le tout avec investissement de 25.8 millions de dollars derrière tout [...]

]]> By: LinkedIn Traffic Up, But Is It Enough? http://www.techcrunch.com/2007/01/28/linkedin-raises-nearly-13-million-more/comment-page-2/#comment-1498066 LinkedIn Traffic Up, But Is It Enough? Sat, 14 Jul 2007 02:34:53 +0000 http://www.techcrunch.com/2007/01/28/linkedin-raises-nearly-13-million-more/#comment-1498066 [...] has added new features such as an Answers service and service recommendations, and also has $25.8million in funding behind [...] [...] has added new features such as an Answers service and service recommendations, and also has $25.8million in funding behind [...]

]]> By: Ajax Girl » Blog Archive » LinkedIn To Open Platform In Response To Facebook http://www.techcrunch.com/2007/01/28/linkedin-raises-nearly-13-million-more/comment-page-2/#comment-1458365 Ajax Girl » Blog Archive » LinkedIn To Open Platform In Response To Facebook Mon, 25 Jun 2007 03:08:15 +0000 http://www.techcrunch.com/2007/01/28/linkedin-raises-nearly-13-million-more/#comment-1458365 [...] isn’t dead yet; decent revenue and around $26million in funding means that LinkedIn will remain a formidable player for the immediate future. The problem LinkedIn faces [...] [...] isn’t dead yet; decent revenue and around $26million in funding means that LinkedIn will remain a formidable player for the immediate future. The problem LinkedIn faces [...]

]]> By: LinkedIn To Open Platform In Response To Facebook http://www.techcrunch.com/2007/01/28/linkedin-raises-nearly-13-million-more/comment-page-1/#comment-1458172 LinkedIn To Open Platform In Response To Facebook Mon, 25 Jun 2007 01:42:16 +0000 http://www.techcrunch.com/2007/01/28/linkedin-raises-nearly-13-million-more/#comment-1458172 [...] isn’t dead yet; decent revenue and around $26million in funding means that LinkedIn will remain a formidable player for the immediate future. The problem LinkedIn faces [...] [...] isn’t dead yet; decent revenue and around $26million in funding means that LinkedIn will remain a formidable player for the immediate future. The problem LinkedIn faces [...]

]]> By: LinkedIn raised $12,8 million more - Strategic Sourcing | Europe http://www.techcrunch.com/2007/01/28/linkedin-raises-nearly-13-million-more/comment-page-1/#comment-888671 LinkedIn raised $12,8 million more - Strategic Sourcing | Europe Tue, 06 Feb 2007 17:41:03 +0000 http://www.techcrunch.com/2007/01/28/linkedin-raises-nearly-13-million-more/#comment-888671 [...] Professional social network LinkedIn has raised $12.8 million from Bessemer Venture Partners and the European Founders Fund, early this week. ” The company, which is profitable since March 2006, has raised $13.4 million in two previous rounds of financing, bringing the total to more than $26 million. The company generated $10 million-ish in revenue in 2006, and says they’ll do substantially more than that in 2007. LinkedIn has 70 employees, up from 45 a year ago. They claim 9 million worldwide users, and are adding 100,000 or so new users per week. ” Source: Techcrunch (which was even spreading the news one day earlier). The company plans to use the funds to expand further into Europe and other markets. Source: DigitalMediaWire [...] [...] Professional social network LinkedIn has raised $12.8 million from Bessemer Venture Partners and the European Founders Fund, early this week. ” The company, which is profitable since March 2006, has raised $13.4 million in two previous rounds of financing, bringing the total to more than $26 million. The company generated $10 million-ish in revenue in 2006, and says they’ll do substantially more than that in 2007. LinkedIn has 70 employees, up from 45 a year ago. They claim 9 million worldwide users, and are adding 100,000 or so new users per week. ” Source: Techcrunch (which was even spreading the news one day earlier). The company plans to use the funds to expand further into Europe and other markets. Source: DigitalMediaWire [...]

]]> By: Tom Romary http://www.techcrunch.com/2007/01/28/linkedin-raises-nearly-13-million-more/comment-page-1/#comment-823074 Tom Romary Tue, 30 Jan 2007 08:43:38 +0000 http://www.techcrunch.com/2007/01/28/linkedin-raises-nearly-13-million-more/#comment-823074 The high valuation seems reasonable given (a) the audience of it's high-end users vs. typical MySpace users, and (b) the real value that Linked In delivers to professionals and companies trying to recruit employees, get introductions to potential partners/customers, or expand networks. While it certainly could benefit from some usability improvements, as a tool it is highly useful. The high valuation seems reasonable given (a) the audience of it’s high-end users vs. typical MySpace users, and (b) the real value that Linked In delivers to professionals and companies trying to recruit employees, get introductions to potential partners/customers, or expand networks. While it certainly could benefit from some usability improvements, as a tool it is highly useful.

]]> By: Profy.Com http://www.techcrunch.com/2007/01/28/linkedin-raises-nearly-13-million-more/comment-page-1/#comment-822501 Profy.Com Tue, 30 Jan 2007 07:07:19 +0000 http://www.techcrunch.com/2007/01/28/linkedin-raises-nearly-13-million-more/#comment-822501 <strong>LinkedIn Receives $13 Million Infusion...</strong> The VC funding blitz of 2006 looks like it’s carrying over into ’07 quite smoothly. LinkedIn just announced it received just shy of $13 million from several investors, most notably Bessemer and the European Founders Fund. The latest infusio... LinkedIn Receives $13 Million Infusion…

The VC funding blitz of 2006 looks like it’s carrying over into ’07 quite smoothly. LinkedIn just announced it received just shy of $13 million from several investors, most notably Bessemer and the European Founders Fund. The latest infusio…

]]> By: Nemrut http://www.techcrunch.com/2007/01/28/linkedin-raises-nearly-13-million-more/comment-page-1/#comment-822092 Nemrut Tue, 30 Jan 2007 06:08:06 +0000 http://www.techcrunch.com/2007/01/28/linkedin-raises-nearly-13-million-more/#comment-822092 Xing seems to be a more rich and user friendly svc than Linkdin, yet both sites imo, are privacy nightmares waiting to happen. This is especially the case with Xing where the user base--largely European, seem to have a very laissez-faire attitude when it comes to displaying personal info. It's only a matter of time before someone with criminal intent starts mining both sites for data... Xing seems to be a more rich and user friendly svc than Linkdin, yet both sites imo, are privacy nightmares waiting to happen. This is especially the case with Xing where the user base–largely European, seem to have a very laissez-faire attitude when it comes to displaying personal info.

It’s only a matter of time before someone with criminal intent starts mining both sites for data…

]]> By: gulli http://www.techcrunch.com/2007/01/28/linkedin-raises-nearly-13-million-more/comment-page-1/#comment-819242 gulli Tue, 30 Jan 2007 00:04:56 +0000 http://www.techcrunch.com/2007/01/28/linkedin-raises-nearly-13-million-more/#comment-819242 To those not understanding the Xing hype: Xing is VERY popular for german business pros, where they started with the openBC name. You can signup for free, but if you really want to use it regularly you need the premium membership for 6,95 euro (app. 8.50 US$) / month and 17% of their membership base is premium. Xing is much more community based and strong on community aspects. I don't know anyone from germany who likes linkedin as Xing has more features with active forums, profiles, photos. They just rebranded as XING a few weeks before they went public on the Frankfurt Stock exchange in december, so their figures are solid and not a 250 million that linkedin would love to be traded at. http://www.xing.com/go/invita/53124 To those not understanding the Xing hype: Xing is VERY popular for german business pros, where they started with the openBC name. You can signup for free, but if you really want to use it regularly you need the premium membership for 6,95 euro (app. 8.50 US$) / month and 17% of their membership base is premium. Xing is much more community based and strong on community aspects. I don’t know anyone from germany who likes linkedin as Xing has more features with active forums, profiles, photos.

They just rebranded as XING a few weeks before they went public on the Frankfurt Stock exchange in december, so their figures are solid and not a 250 million that linkedin would love to be traded at.

http://www.xing...go/invita/53124

]]> By: Toni DasGupta http://www.techcrunch.com/2007/01/28/linkedin-raises-nearly-13-million-more/comment-page-1/#comment-818066 Toni DasGupta Mon, 29 Jan 2007 21:16:41 +0000 http://www.techcrunch.com/2007/01/28/linkedin-raises-nearly-13-million-more/#comment-818066 Given the high level backing behind LinkedIn, it is very likely to keep going up and up. http://www.biziv.com/linkedin-to-the-big-cash-looking-for-13m/ Given the high level backing behind LinkedIn, it is very likely to keep going up and up.

http://www.bizi...ooking-for-13m/

]]> By: Uncommon Knowledge. http://www.techcrunch.com/2007/01/28/linkedin-raises-nearly-13-million-more/comment-page-1/#comment-817939 Uncommon Knowledge. Mon, 29 Jan 2007 20:59:49 +0000 http://www.techcrunch.com/2007/01/28/linkedin-raises-nearly-13-million-more/#comment-817939 <strong>Does LinkedIn actually matter?...</strong> Michael Arrington at TechCrunch has just reported that LinkedIn has raised another $12.8 million, raising their total take in recent financing to around $26 million. When LinkedIn went public in December 2006, they were valued at around $200 million, ... Does LinkedIn actually matter?…

Michael Arrington at TechCrunch has just reported that LinkedIn has raised another $12.8 million, raising their total take in recent financing to around $26 million.
When LinkedIn went public in December 2006, they were valued at around $200 million, …

]]> By: Dr Fence http://www.techcrunch.com/2007/01/28/linkedin-raises-nearly-13-million-more/comment-page-1/#comment-817184 Dr Fence Mon, 29 Jan 2007 18:45:05 +0000 http://www.techcrunch.com/2007/01/28/linkedin-raises-nearly-13-million-more/#comment-817184 I don't really get it either ... in theory I like the concept. It has never helped me professionally and I'm in the software development field. Perhaps my skills just suck :) But seriously, I would have expected to get a few bites or some help from that site. My profile is flagged as open to opportunities and I've recently "completed" my profile. I don’t really get it either … in theory I like the concept. It has never helped me professionally and I’m in the software development field.

Perhaps my skills just suck :) But seriously, I would have expected to get a few bites or some help from that site. My profile is flagged as open to opportunities and I’ve recently “completed” my profile.

]]> By: webtwodotoh http://www.techcrunch.com/2007/01/28/linkedin-raises-nearly-13-million-more/comment-page-1/#comment-816884 webtwodotoh Mon, 29 Jan 2007 17:39:28 +0000 http://www.techcrunch.com/2007/01/28/linkedin-raises-nearly-13-million-more/#comment-816884 I used linkedin like crazy to connect with old friends from university. That was great. Unfortunately I haven't used it since I formed a core network of contacts. I do know that one source of revenue for the company is recruiters, hedge funds, investment banks, etc. Unfortunately I don't see much use for it anymore. I used linkedin like crazy to connect with old friends from university. That was great. Unfortunately I haven’t used it since I formed a core network of contacts. I do know that one source of revenue for the company is recruiters, hedge funds, investment banks, etc. Unfortunately I don’t see much use for it anymore.

]]> By: Jake A http://www.techcrunch.com/2007/01/28/linkedin-raises-nearly-13-million-more/comment-page-1/#comment-816846 Jake A Mon, 29 Jan 2007 17:32:13 +0000 http://www.techcrunch.com/2007/01/28/linkedin-raises-nearly-13-million-more/#comment-816846 LinkedIn is mainly used by job seekers and professional recruiters as a business tool. This is the population of users that are paying to use the application and enabling LinkedIn to become profitable. From what I remember of Xing (OpenBC), they have a different revenue model from LinkedIn. Where LinkedIn has options for pay-as-you go or a high monthly fee, Xing has a very low monthly fee (something like 5 euros). This enables Xing to have a higher percentage of paying users, extending the paying user population past just recruiters and job seekers. LinkedIn is mainly used by job seekers and professional recruiters as a business tool. This is the population of users that are paying to use the application and enabling LinkedIn to become profitable.

From what I remember of Xing (OpenBC), they have a different revenue model from LinkedIn. Where LinkedIn has options for pay-as-you go or a high monthly fee, Xing has a very low monthly fee (something like 5 euros). This enables Xing to have a higher percentage of paying users, extending the paying user population past just recruiters and job seekers.

]]> By: Jim http://www.techcrunch.com/2007/01/28/linkedin-raises-nearly-13-million-more/comment-page-1/#comment-816580 Jim Mon, 29 Jan 2007 16:45:35 +0000 http://www.techcrunch.com/2007/01/28/linkedin-raises-nearly-13-million-more/#comment-816580 Here is how my view of LinkedIn has changed dramatically in the past year: - When I was first invited to LinkedIn about a year ago by a somewhat distant friend of a friend, I dismissed it as I didn't know much about it, and figured it was some other facebook/myspace/friendster type site. I am in my mid 30s and hadn't had more than a sample page with 1-2 friends on those sites. - As it grew in popularity, I eventually joined on and grew my network. It seemed like an OK site, but still seemed as more of a competition to see who had the most work friends. - All that changed when I got laid off in October. Suddenly it became a BUSINESS TOOL for networking, and I found it extremely valuable. Not only did I get an interview by using a contact from an old college buddy within my network that I hadn't talked to in 10 years, but I was able to research the background of the people I would be interviewing with -- and subsequently a fantastic job within 60 days. Not sure how it will all play out, but I am certainly keeping up and expanding my network. I think it has a good chance. Here is how my view of LinkedIn has changed dramatically in the past year:

- When I was first invited to LinkedIn about a year ago by a somewhat distant friend of a friend, I dismissed it as I didn’t know much about it, and figured it was some other facebook/myspace/friendster type site. I am in my mid 30s and hadn’t had more than a sample page with 1-2 friends on those sites.

- As it grew in popularity, I eventually joined on and grew my network. It seemed like an OK site, but still seemed as more of a competition to see who had the most work friends.

- All that changed when I got laid off in October. Suddenly it became a BUSINESS TOOL for networking, and I found it extremely valuable. Not only did I get an interview by using a contact from an old college buddy within my network that I hadn’t talked to in 10 years, but I was able to research the background of the people I would be interviewing with — and subsequently a fantastic job within 60 days.

Not sure how it will all play out, but I am certainly keeping up and expanding my network. I think it has a good chance.

]]> By: Fashion Industry Ceo http://www.techcrunch.com/2007/01/28/linkedin-raises-nearly-13-million-more/comment-page-1/#comment-816554 Fashion Industry Ceo Mon, 29 Jan 2007 16:39:21 +0000 http://www.techcrunch.com/2007/01/28/linkedin-raises-nearly-13-million-more/#comment-816554 I had this site confused with www.linkeldn.com I think thats what is ...i'm confused! :( I had this site confused with http://www.linkeldn.com I think thats what is …i’m confused! :(

]]> By: chrisco http://www.techcrunch.com/2007/01/28/linkedin-raises-nearly-13-million-more/comment-page-1/#comment-816549 chrisco Mon, 29 Jan 2007 16:38:24 +0000 http://www.techcrunch.com/2007/01/28/linkedin-raises-nearly-13-million-more/#comment-816549 Seems like a phat valuation to me too, especially when you consider how people use the site. I mean I don't have user activity metrics, but from my experience LinkedIn is something you're on a few times a month (at most). There must be a core group of users who account for most of the page views, but I bet that's closer to 10% than 20% or even 15% of registered users. So a few hundred thousand to 1/2 million core users = $250 million valuation? They better be growing that core group pretty damn fast is all I gotta say! Cheers! -Chris Comella, Founder BuzzPal - The World Is Your Party www.buzzpal.com Seems like a phat valuation to me too, especially when you consider how people use the site. I mean I don’t have user activity metrics, but from my experience LinkedIn is something you’re on a few times a month (at most). There must be a core group of users who account for most of the page views, but I bet that’s closer to 10% than 20% or even 15% of registered users. So a few hundred thousand to 1/2 million core users = $250 million valuation? They better be growing that core group pretty damn fast is all I gotta say! Cheers!

-Chris Comella, Founder
BuzzPal – The World Is Your Party
http://www.buzzpal.com

]]> By: MistOne http://www.techcrunch.com/2007/01/28/linkedin-raises-nearly-13-million-more/comment-page-1/#comment-816520 MistOne Mon, 29 Jan 2007 16:32:33 +0000 http://www.techcrunch.com/2007/01/28/linkedin-raises-nearly-13-million-more/#comment-816520 On a side note, has anyone used or benefited from LinkedIn's recently launched Service Provider recommendation feature? TC covered this new feature (launched in Oct. 2006) here: http://www.techcrunch.com/2006/10/16/linkedin-expanding-model-to-service-recommendations/ When I first heard about the feature I thought it presented a test to see if Linkedin could venture beyond the core fortune 500 / recruiter / technology and consulting space. Any experiences from users would be great. Thanks. On a side note, has anyone used or benefited from LinkedIn’s recently launched Service Provider recommendation feature?

TC covered this new feature (launched in Oct. 2006) here: http://www.tech...ecommendations/

When I first heard about the feature I thought it presented a test to see if Linkedin could venture beyond the core fortune 500 / recruiter / technology and consulting space.

Any experiences from users would be great.

Thanks.

]]> By: Cameron Barrett http://www.techcrunch.com/2007/01/28/linkedin-raises-nearly-13-million-more/comment-page-1/#comment-816518 Cameron Barrett Mon, 29 Jan 2007 16:32:03 +0000 http://www.techcrunch.com/2007/01/28/linkedin-raises-nearly-13-million-more/#comment-816518 LinkedIn does a lot of things right. Unfortunately they also do a few things wrong. They would greatly benefit by making their public profiles more information-heavy. When a non-Linkedin user finds a LinkedIn profile via Google, the information displayed is still very anemic and not helpful at all. The searcher is then pretty much forced to create a LinkedIn account to get more information. This is a deal-killer for a pretty high percentage of people. They also need to provide an API to their data so that others can build tools on top of it. There are literally thousands of little niche markets that could benefit from LinkedIn's professional data without taking anything away from LinkedIn. If they truly want to become the leader in professional business data from a perople/information perspective they really need to open up their database with at least a basic read-only API functionality. If they do not do this one of their competitors will and LinkedIn will suddenly find their lunch has been eaten. Note: Facebook has an API. LinkedIn does a lot of things right. Unfortunately they also do a few things wrong. They would greatly benefit by making their public profiles more information-heavy. When a non-Linkedin user finds a LinkedIn profile via Google, the information displayed is still very anemic and not helpful at all. The searcher is then pretty much forced to create a LinkedIn account to get more information. This is a deal-killer for a pretty high percentage of people.

They also need to provide an API to their data so that others can build tools on top of it. There are literally thousands of little niche markets that could benefit from LinkedIn’s professional data without taking anything away from LinkedIn. If they truly want to become the leader in professional business data from a perople/information perspective they really need to open up their database with at least a basic read-only API functionality. If they do not do this one of their competitors will and LinkedIn will suddenly find their lunch has been eaten.

Note: Facebook has an API.

]]> By: Rob http://www.techcrunch.com/2007/01/28/linkedin-raises-nearly-13-million-more/comment-page-1/#comment-816451 Rob Mon, 29 Jan 2007 16:20:20 +0000 http://www.techcrunch.com/2007/01/28/linkedin-raises-nearly-13-million-more/#comment-816451 LinkedIn Answers is a "huge success"? Really? LinkedIn Answers is a “huge success”? Really?

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