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This isn't near as ridiculous as the $15 billion valuation for facebook. LinkedIn is projecting revenue of $100 million for 2008. Additionally, because of the d
by fallentimes 18y ago
This isn't near as ridiculous as the $15 billion valuation for facebook. LinkedIn is projecting revenue of $100 million for 2008. Additionally, because of the demographics and main features of LinkedIn (read: job listings), the CTR and CPM of LinkedIn is substantially higher than facebook.
- ovi256 18y agoIt is ridiculous when you consider that most businesses are valued at 3 * annual revenue when sold. I wonder what exactly makes web businesses so apparently over-evaluated. Is it the IP? The network effect? Hope someone knowledgeable pitches in.
- fallentimes 18y agoI definitely understand what you're saying - in LinkedIn's case it's year over year user and revenue growth.