Comments on: LinkedIn Closing $13M Venture Round at $250M Valuation http://LinkedIntelligence.com/linkedin-closing-13m-venture-round-at-250m-valuation/ The unofficial source for all things LinkedIn™. Tue, 31 Aug 2010 18:28:22 +0000 hourly 1 http://wordpress.org/?v=3.0.1 By: Scott Allen http://LinkedIntelligence.com/linkedin-closing-13m-venture-round-at-250m-valuation/comment-page-1/#comment-67 Scott Allen Sat, 06 Jan 2007 11:03:42 +0000 http://linkedintelligence.com/?p=66#comment-67 Most of its traffic from MLM'ers? LOL! OK... Sorry, Mark, but you clearly know not of what you speak. That's an impression that has no basis in fact. First of all, since LinkedIn's business model isn't advertising-based, traffic doesn't matter -- it's paying customers that matter. Secondly, MLM?!? Haven't seen it on LinkedIn. The largest single segment of paying customers are recruiters, both internal and 3rd-party ones. But there are thousands of other customers paying to use it for lead generation, business development, sales acceleration, and so on. Web 1.0? If you think Web 2.0 means Ajax, and mashups, maybe, but Web 2.0 isn't about that -- it's about social interaction. Anyway, SO WHAT?!? The service provides real business value to millions of people -- Web 1.0 vs. Web 2.0 doesn't matter. People pay because it delivers value that nothing comparable is capable of delivering right now. And with 9 million members, they have such a huge head start over anyone else even attempting to go after that segment that I don't expect them to be going away any time soon. Most of its traffic from MLM’ers? LOL! OK… Sorry, Mark, but you clearly know not of what you speak. That’s an impression that has no basis in fact.
First of all, since LinkedIn’s business model isn’t advertising-based, traffic doesn’t matter — it’s paying customers that matter.

Secondly, MLM?!? Haven’t seen it on LinkedIn. The largest single segment of paying customers are recruiters, both internal and 3rd-party ones. But there are thousands of other customers paying to use it for lead generation, business development, sales acceleration, and so on.

Web 1.0? If you think Web 2.0 means Ajax, and mashups, maybe, but Web 2.0 isn’t about that — it’s about social interaction. Anyway, SO WHAT?!? The service provides real business value to millions of people — Web 1.0 vs. Web 2.0 doesn’t matter. People pay because it delivers value that nothing comparable is capable of delivering right now. And with 9 million members, they have such a huge head start over anyone else even attempting to go after that segment that I don’t expect them to be going away any time soon.

]]> By: markmayhew http://LinkedIntelligence.com/linkedin-closing-13m-venture-round-at-250m-valuation/comment-page-1/#comment-66 markmayhew Sat, 06 Jan 2007 10:35:49 +0000 http://linkedintelligence.com/?p=66#comment-66 linkedin, being little more than a web 1.0 site deriving most of it's traffic from mlm'ers is worth HOW much money?! anything more than $50K is ridiculous. linkedin, being little more than a web 1.0 site deriving most of it’s traffic from mlm’ers is worth HOW much money?! anything more than $50K is ridiculous.

]]> By: Jan http://LinkedIntelligence.com/linkedin-closing-13m-venture-round-at-250m-valuation/comment-page-1/#comment-65 Jan Thu, 28 Dec 2006 06:40:47 +0000 http://linkedintelligence.com/?p=66#comment-65 Being profitable now is different to being the market leader tomorrow. LinkedIn did good in raising another round; I hope that they use this money to crack Germany and start building a presence in Asia as well (..but please stay with only one language; English) LinkedIn will also need to adapt to the key strength of XING/openBC, 'interaction' with its customer base; LinkedIn is not a passive network as claimed by a few bloggers but is a great tool I use on a daily basis; check out my blog on http://janmeise.blogspot.com/2006/12/linkedin-versus-xingopenbc.html thx Jan Being profitable now is different to being the market leader tomorrow.
LinkedIn did good in raising another round; I hope that they use this money to crack Germany and start building a presence in Asia as well (..but please stay with only one language; English)
LinkedIn will also need to adapt to the key strength of XING/openBC, ‘interaction’ with its customer base;
LinkedIn is not a passive network as claimed by a few bloggers but is a great tool I use on a daily basis;
check out my blog on http://janmeise.blogspot.com/2006/12/linkedin-versus-xingopenbc.html

thx Jan

]]> By: Jason Alba http://LinkedIntelligence.com/linkedin-closing-13m-venture-round-at-250m-valuation/comment-page-1/#comment-64 Jason Alba Sun, 24 Dec 2006 02:25:27 +0000 http://linkedintelligence.com/?p=66#comment-64 Scott, thanks for putting these tidbits here with your commentary. Very interesting. I think the most intriguing thing to me is how low this seems compared to Skype, MySpace, and YouTube. Its like LinkedIn is getting valued as a traditional business as opposed to the other three which seem to have been valued more as internet bubble-type companies. I'm not basing that on any particular evidence or research, just my impressions. Scott, thanks for putting these tidbits here with your commentary. Very interesting.

I think the most intriguing thing to me is how low this seems compared to Skype, MySpace, and YouTube. Its like LinkedIn is getting valued as a traditional business as opposed to the other three which seem to have been valued more as internet bubble-type companies. I’m not basing that on any particular evidence or research, just my impressions.

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