LinkedIn valued at a billion by Romney's old firm

[medyani]

If you use linkedin, or other social networking sites, such as facebook or myspace you might find this article in the New York Times of interest: At Social Site, Only the Businesslike Need Apply. It focuses on the valuation of such sites, and primarily why Linkedin managed to raise such a significant private investment -- that'd be $580 million

Comments

[trillianekua]

I thought Rupert Murdoch owned MySpace, but not Facebook. As I recall (and google seems to back up (http://www.facebook.com/press/releases.php?p=8084) Microsoft has a stake in Facebook but not News Corp.

[medyani]

I had it right one of the two times I typed it -- corrected! :)