brandUNITY Blogs on Emerging Media

The brandUNITY Team Discusses: Branding tools are evolving at a rapid pace as the internet matures. Always on the watch for new branding powerhouses, in this blog we note revealing research, notable market entries, emerging technologies and trends.

LinkedIn Valued at $500 million

Tuesday August 05th 2008, 2:56 am
Category: Marketing Trends

Tags:eMarketing, LinkedIn Business Model, Marketing Trends, online social network

LinkedIn has valued itself at $500 million and both LinkedIn and Facebook are letting employees sell off a portion of their vested stock. LinkedIn reports its annual revenue at $100 million. Facebook for 2007 was $150 million in revenues, but projects this to reach $350 million for 2008. Friendster, largest social network in Malaysia, the Philippines, Singapore and Indonesia, announced that it raised $20 million in investor funding.

Resources:

Venturebeat.com
kara.allthingsd.com
www.socialtimes.com

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