Linkedin Brings In Another $22 million in Funding, But Where Are They Heading?
Linkedin announced a huge $22.7 million addition to $53 million Series D it closed in June bringing the company valuation to a staggering $1 billion.
The latest fusion of cash includes news investors SAP, Goldman Sachs, and McGraw Hill along with existing investor Bessemer Ventures.
I have never really understood Linkedin and what they are ultimately trying to achieve. They are a business social network, in which is great for keeping in contact with your business associates and find new potential associates. However, apart from the basic social network and job board, they still don’t seem to have any great features that will keep users going back to the site. I tend to only venture to Linkedin when someone either sends me a message or adds me as a friend, apart from that it doesn’t do anything for me at all! Can someone enlighten me on what other key features they have and what they are ultimately trying to achieve with the site?
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Linkedin was added to the About.com Top 10 Employment site list with 2 other sites but linkedin is still the only social netwoking site on the list. The 3 newest job sites are:
http://www.linkedin.com (networking)
http://www.indeed.com (aggregated job listings)
http://www.realmatch.com (matches you to the perfect job)
Good luck to all those searching for jobs.
Linkedin was added to the About.com Top 10 Employment site list with 2 other sites but linkedin is still the only social netwoking site on the list.