LinkedIn Worth $250m

LinkedIn’s new round is covered in VentureBeat today, verifying the previous rumors.

LinkedIn, the networking site for professionals connect, has raised $12.8 million in venture funding.

The venture capitalists, Silicon Valley’s Bessemer Venture Partners
and the European Founders Fund (EFF), an internet focused firm, placed
a value of more than $250 million on the Palo Alto company, after the
investment.

I think it’s an impressive valuation.  However, the more interesting number is the 100,000 new members per week.  That’s 5m per year and suggests a >60% growth rate.

EFF’s participation is also noteworthy.  On the heels of Xing/OpenBC’s successful IPO, LinkedIn is signaling that it will agressively push into Europe.

2 thoughts on “LinkedIn Worth $250m

  1. The New LinkedIn Deal is a Good Bet

    After my LinkedIn post, I have been called out by Ali Alpay in the comments. He asks, justly: It is an impressive number, but out of curiosity, do you think it is an over- or under-valued number?I won’t say it’s

    Like

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