1 million profile dating site
Members can invite anyone (whether an existing member or not) to become a connection.The "gated-access approach" (where contact with any professional requires either an existing relationship or an introduction through a contact of theirs) is intended to build trust among the service's members.Net income increased 140% over Q1 2011 to million.Revenue for Q2 was estimated to be between 0 to 5 million.As of 2015, most of the company's revenue came from selling access to information about its members to recruiters and sales professionals.Linked In allows members (both workers and employers) to create profiles and "connections" to each other in an online social network which may represent real-world professional relationships.
Linked In is headquartered in Sunnyvale, California, with offices in Omaha, Chicago, Los Angeles, New York, San Francisco, Washington DC, Sao Paulo, London, Dublin, Amsterdam, Milan, Paris, Munich, Madrid, Stockholm, Singapore, Hong Kong, China, Japan, Australia, Canada, India and Dubai.More than 40% of men said they lied about their jobs in an effort to sound more successful.No wonder people lie on their dating profiles-friends are helping them build their profile.The company traded its first shares on May 19, 2011, under the NYSE symbol "LNKD", at per share.
Shares of Linked In rose as much as 171% on their first day of trade on the New York Stock Exchange and closed at .25, more than 109% above IPO price.
Shortly after the IPO, the site's underlying infrastructure was revised to allow accelerated revision-release cycles.