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Performance Enhanced Valuations?

Performance Enhanced Valuations?

By: Ben Baruch, SAE, Fusion PR

1 Billion-Dollars… Yes, 1 billion-dollars is the valuation given to the business/professional social-networking Web site LinkedIn, according to a posting by Caroline McCarthy of The Social Blog at CNET and a story on TechCrunch by Michael Arrington.

Arrington wrote, ‘Allen & Co… is out pitching a LinkedIn venture capital round at a whopping $1 billion valuation, multiple sources say… If it’s accurate… a $1 billion valuation, it will be one of the most expensive private venture deals in recent history.’

Another unfathomable amount of cash readied to be dispensed for an obscure un-tangible piece of Web 2.0 space. I am a LinkedIn associate and have only had positive experiences – but, I thought the running up of valuations in the Web-o-sphere ended when the proverbial bubble tanked… Obviously, there is still a ton of cash floating around waiting to be snatched up, whether such large investments prove valued will remain to be seen.

1 Comment
  • Jing

    May 6, 2008 at 10:22 am Reply

    Wow. I really don’t know how people can value these things and where the 1 billion came from. since LinkedIn has a monopoly on the niche it’s all about the potential, what the company can do to make money.

    Not surprised at the valuation.

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