Wednesday, July 28, 2010

LinkedIn: Now Worth More Than $2 Billion [Mashable]

A sign of the increasingly networked times

A new report suggests that LinkedIn’s value has surpassed the $2 billion mark, based on recent investments from outside investors.

According to Bloomberg, hedge fund Tiger Global Management spent $20 million to acquire approximately a one percent stake in the business social network. The hedge fund specifically paid $21.50 per share.

LinkedIn: Now Worth More Than $2 Billion

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