LinkedIn, the professional social network titan, has recently started trading its shares in open market. With in no time company’s valuation increased by four-folds than pre-IPO valuation. As per latest and last update, company’s shares were trading at little over than $92 per share at NYSE with overall valuation worth $8 billion.
LinkedIn success is not a result of over-night or over-hyped setup. Founded in 2003, company’s five co-founders – Reid Hoffman (CEO), Allen Blue, Konstantin, Eric Ly and Jean-Luc – were determined to set up an ecosystem designed for corporate and professionals. Today, after 8 years of incorporation, company has more than 100 million users, spanning more than 200 countries and territories worldwide.
With more than 1000 employees across the globe and $161 million as revenue by September last year, LinkedIn has covered many milestones before it went for IPO. Though, the debate has already been triggered whether company has been over valued or it’s just an impact of pre-crash bubble.
Here is an interesting infographic, by Creditscore, which showcases company’s road to IPO from the beginning. Indeed it’s an informative presentation of all major milestones and achievements LinkedIn gone though in last 8 years.
(Click to Enlarge)