LinkedIn tonight celebrated their 45 millionth user sign up, according to LinkedIn’s Marketing Project Manager Florina Xhabija’s Twitter message.
According to comScore, LinkedIn had 16 million worldwide monthly unique visitors and 331 million page views in June 2009, up from 7.7 million and 114 million a year ago, respectively.
The company was valued at around $1 billion in its last (2008) round of financing, and says they’ve been profitable for 2+ years.
LinkedIn has gone through numerous changes at the CEO role with founder Reid Hoffmanchanging the guard once again in June of this year after yet another change in December of 2008.
The company is a strong 2010 IPO candidate. Hoffman told us earlier this year “we can go public any time we want to.”
LinkedIn just happens to be one of my favorite social networks! Just sayin’…
CONGRATULATIONS!!!
Xing and Justin.tv are done. LinkedIn and Ustream are in.
Good stuff, however many people still don’t know how to add Linked In to their weekly (forget daily) routine. I think they could do a lot to make it a stickier place for professionals.
It is definitely my 1st point of contact for new professional connections. Funny how Facebook is starting to gain ground in that regard.
Problem with linkedin is that is very much unintuitive. It is better now, i admit, but it does some things so weirdly, that is horrible to use. You get used to it, but again, is very much a design nightmare.
What would you change or improve on?
I’ll agree with that if you can post a few, no just one, better designed professional social network.
Not the point! It’s a valid criticism, regardless of whether or not there are better or worse examples? What, you stop improving or tending your flock because you’re #1? That’s not the best advice there mate.
Have to agree with Kwanbis on this. LinkedIn is going to go down like Friendster and HI5 and a spam farm.
How many people checked their in the last week, last month, last 3 months? How many users from the 45 million have no returned to the site in the last 3 months?
How many percentage of people are paying customers on LinkedIn? Something that LinkedIn has never released.
According to a LinkedIn insider, LinkedIn was never profitable. They were close to making profit end of last year 2nd quarter but the economy downturn reversed their rally.
Now LinkedIn is mostly an afterthought and within 6 months, LinkedIn will suffer a huge drop in new user registration just like all the other sites like Friendster, HI5, Orkut who failed to innovate and evolve.
Congrats, an amazing service that has unbelievably held up as other sites have come and gone.
Also proves that you don’t need to build a site that people have to go to every day to generate significant revenues and traction.
I cannot live without logging into LinkedIn Daily!!!
Look forward to be a part of the world’s No.1 Networking Site….
I hope you are joking. Linkedin is a complete waste of time
Congratulations to Linkedin.
I think, Linkedin is an extraordinary career tool for finance professionals, because they can grow their industry network, have finance discussion and post finance jobs.
I highly recommend linkedin and the “Finance Club” (a group on linkedin with 24.000+ finance professionals).
http://www.link...ups?gid=2046019
Wish you all a great week and see you on linkedin.
By heart,
Martin
I think a lot of people use Linkedin for professional network and facebook for social. I don’t want my business network to be connected to me on facebook.
Just me ?
Not just you. I agree on the whole professional network/social network idea.
I got my last two jobs through the site, well done! Looking forward to seeing them open up their api that will really put the flame under their valuation.
Congratulations!
My Profile LinkedIn
http://www.link...n/michelreverte
Group
http://www.link...oups?gid=129438
Congrats!. LinkedIn should remain a professional networking site and not gravitate towards mixing elements of social networks.
Linkedin has brilliant job to grow with a steady pace. They’ve innovated constantly. Introduction of apps to integrate with blogs, twitter, business tools etc was a good move and not going overboard by seeing success of facebook.
Their critical success factor is sticking to their core strength of encouraging professional and business networking. Introduction of groups and sub-groups brings in lot of traction to the site.
Well done linkedin.
I joined LinkedIn yesterday; a great way to network; well done!
Congrats to the LinkedIn team!
greate Linkedin for professional networking site ,I agree on the whole professional network/social network idea.
By far the most useful social network… I spend at least a combined 1.5 hours a day on it.
Reid Hoffman has definitely created a monster site
huh? doing what?
Linkedin is great but their interface could do with an overhaul. The global recession will have been great for Linkedin.
Congratulations.
That’s superb!
MArieme
I agree, I think Linkedin is the most useful social network but they are not living up to their potential in terms of a business model… there are numerous ways they could be leveraging companies to take advantage of their social network because it is so saturated with professionals. I think they will start trying to add in functionality and I am excited to see what they do add in.
Congratulations! I am finding Linked In and its discussion groups a good resource for emergency management and business continuity networking & collaboration.
http://linkedin...n/williammackay
I love how this article is about LinkedIn reaching 45 Million users while the company profile below it says “With more than 40 million users…”.
Even though it’s technically accurate, it still made me chuckle.
Congrats to LinkedIn
I can only imagine how many people are going to be checking out @flojee and her credentials to see what she does and if she needs a job. LinkedIn has done a few things as far as UI/UX that has really set them apart and pushed them forward to this point. The people you might know area of your profile, and the percentage of your profile you have complete are things that entice users to interact with the service and not just post a resume and move on. Well done LinkedIn. HCI is so important and they have just proven it.
Brilliant Network! Bravo!
Most interesting part I like is that Wordpress and Power Point Presentation.
Thanks
A social network that’s profitable… what a concept!
Unfortunately, (I hate to be the grinch), but that doesn’t mean there are 45M people there. There are all sorts of “dead” profiles, fake ones, and multiple personalities as well. I did a whole taxonomy on them. And, LINKEDIN has little motivation to clean them up or even help you figure out which is which. So there is definitely room for “NIDEKNIL”, a competitor, to elbow their way in.
Linkedin removes over 25K fake profiles a month in addition to educating people how to remove second profiles that were created by accident.
LinkedIn is a great social network and I’ve made some great connections through it. I’ve been asked to conduct a seminar on social web marketing with an emphasis on LinkedIn. I’m going to have to brush up a bit on LinkedIn, though, as a tool for personal and business marketing. Anyone know of any good articles on the topic?
We should thank for the contributions of Open Networker.
I read about LinkedIn years ago and almost knew that this site would take off and become a very practical source for business networking. I wished that I could have saved the article to post here, but I did get that information from PC Mag at:
http://www.medi...&gift=16266
If you are not yet on LinkedIn you have to be!
I like it!
Linkedin is an invaluable website – unfortunately their time on site must suck — I never spend more than a minute or two on the site usually updating my colleague connections
I agree however lately I have been drawn in to the Q&A section, (web development, ecomerce, software questions etc.) A lot of people are REALLY willing to put alot of effort & research into replies in order to showcase their know how for a potential employer/recruiter or just to help out. Or maybe its something constructive to do with free time?.
I subscribe to new questions via RSS and have been guilty of getting trapped in there for hours reading Q&A.
LinkedIn was my first social networking experience and it remains one of my favorite. Not to mention it is revered as the “professional” networking site….as opposed to the more social twitter and facebook.
Did the 45th million person to sign-up get a party or a gift?
congratulations to the linkedin team. a truly useful web innovation. as always, the relative simplicity around the concept and the product represents the real genius. fits with the old phrase – “I have made this letter longer than usual, only because I have not had time to make it shorter.” when networking/connecting/etc, simple is better.
45 million users on LinkedIn – and I have 0.0000032% of them as my connections. Whoop woo!
It’s not the best-designed site in the world, the groups are mostly spammed with obvious questions being answered for ultimate masturbatory effect, but its indispensable for applying for jobs and keeping in touch with and hearing about opportunities with business networking contacts.
I’ve secured interviews off of it without submitting a single CV and helped others win business with credible recommendations.
Their iPhone app might as well not exist though – an epic fail if ever there was one. You can’t message, see recommendations or use groups. Terrible experience.
(Anyone in London? http://linkedin.com/in/carrozo)
LinkedIn is a great way to network with business people and find a job or future employees. You can view resumes and recommendations, see what people are up to and their educational background. A great tool!
thats a very good idea linkeden seems to never run out of ideas
I would like to see LinkedIn offer more (relevant) services, however, I think it’s good that they aren’t trying to be all things to all people. The site’s purpose is very focused.
I really like the fact that the site is a great way to get legitimate endorsements/recommendations listed on your behalf. That alone makes it worth it for the user IMHO.