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LinkedIn Valued At $2.26 Billion

LinkedIn is valued at $2.26 billion, following Tiger Global Management hedge fund’s recent $20 million investment in the professional networking site. Tiger Global also invested recently in online game developer Zynga, now has a 1% stake in LinkedIn. LinkedIn has about 70 million members, and executives from every company in the Fortune 500 are represented on the site. In 2008, LinkedIn was on track to earn revenue of $100 million, according to reports. In 2009, the company’s ad sales were up 50% year-over-year and the business was still profitable, CEO Jeff Weiner said.”]

Source: https://www.darkreading.com/database-security/linkedin-valued-at-2-26-billion

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