4 ms·
Well they did do $3 billion in revenue last year. http://finance.yahoo.com/q/is?s=LNKD+Income+Statement&annual http://finance.yahoo.com/q/is?s=LNKD+Income+State
by laser 10y ago
Well they did do $3 billion in revenue last year. http://finance.yahoo.com/q/is?s=LNKD+Income+Statement&annual http://finance.yahoo.com/q/is?s=LNKD+Income+Statement&annual
- graeham 10y agoThat valuation should be for more like $3B in profit!
- aNoob7000 10y agoBased on the Yahoo link it looks like they lost money this year and last.
- dcgoss 10y agoTheir net income is 0.6% of their valuation.
- aNoob7000 10y agoThey loss money, right?
- mrweasel 10y agoRevenue isn't really relevant when you're losing money as fast as Linkedin. They have no real competitors, and they still aren't able to turn a profit. Even $3 billion is to much.
- jonknee 10y agoThey're not losing money all that fast and are spending heavily on growth. They also have a lot of money in the bank ($3.1B in cash and short term securities) so that's pretty much exactly what it's there for.
- overcast 10y agoWith a $-166 million Net Income.
- bitmapbrother 10y agoThat's revenue. They made no profit for that year and actually ended up losing money.