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LinkedIn turns into $1billion?

June 19th, 2008 · 2 Comments

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With it latest round of investing LinkedIn now has a valuation of about $1,000,000,000. Looks more impressive when you put all the zeroes after it.

It is rare that I go to a networking event that no one mentions LinkedIn. I still find the issue is that many do not know the best ways to use this tool. Now is that because the folks at LinkedIn have not added features that make it more useful (yes) or is it because some folks don’t understand this form of social media (yes) or is it because the tool could be made better(yes)

You win a 100% yes to all of this. It could be more useful with some added features. There should be education easily available on the use of the tool and more comfort about using this type of tool to make connections.

While all are true my feeling is that many folks are using it to obtain connections and I know more than a few who are out to make sure they get over 500 so it looks like 500+ - why I have not been able to tell. If you want to get into my network I need to be comfortable recommending you to someone else - not sure I will ever know 500 folks who I feel that strongly about.

That being said this is a great tool that has tremendous promise - I wish they would roll out a fe more things to be more helpful but they are getting there - how do you use LinkedIn?

Tags: Internet Marketing

2 responses so far ↓

  • 1 Scott Annan // Aug 13, 2008 at 9:44 pm

    I agree - what features do you think Linkedin is missing?

  • 2 RickDink // Aug 14, 2008 at 8:54 am

    I believe LinkedIn needs to facilitate more ability to interact, There is a reliance on email type communication and I think forums and blogs would be quite useful. I hate to suggest it but perhaps more like the Facebook technology but for business.

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