Friday 30 July 2010

Linkedin valued at $30 per member!


Based on a article in Real Business today,



"LinkedIn is valued at over $2bn, following Tiger Global Management hedge fund's $20m investment in LinkedIn.

LinkedIn's valuation of $2.26bn was calculated by Bloomberg following Tiger Global's $20m investment, which gives it a one per cent stake in the professional networking site. These shares were acquired from an existing investor, rather than LinkedIn taking on new investment."

I for one am in for a bit of that, I was one of the first 1m users and I think I would be happy to get my share when it demutualises, just like the old banks. Existing customers/users could be in for a windfall, $2bn over 70m users or $30 each person!

Therefore the boys at iProfile must be happy as that makes them worth $150m!