LinkedIn Connects To $1 Billion Valuation
Posted on June 18, 2008
Four VC firms are betting that LinkedIn, the social network for your business contacts, is worth a cool $1 billion. Bain Capital Ventures, Sequoia Capital, Greylock Partners and Bessemer Venture Partners announced today that they are taking a 5 percent stake in the company for $53 million.
(Via Wired News.)
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