LinkedIn has Become a $15 Billion Business

B2Bs, humblebrags, and billions

After launching in 2003 and going public in 2011, LinkedIn has become a necessary platform for employees and employers around the world. In 2016, Microsoft splurged more than $26 billion to buy the company, making it the tech giant’s most expensive acquisition at the time. It’s hard to predict the future, but articles like “4 Reasons Microsoft Wasted $26.2 Billion To Buy LinkedIn” reflected a common school of thought at the time, with many questioning the platform’s financial potential.

The mosaic that LinkedIn has become — a corporate social network, a job platform, a newsfeed, and now a games hub — might seem slightly strange, but the financial results are hard to argue with.

See the full article here.