According to a report on Telegraph.co.uk, social networking website LinkedIn is now worth $1 billion. The valuation is based on $53 million of new capital from Bain Capital. Some of the new money will be used to expand in Europe. LinkedIn already has more than 1 million members in Europe.
I am a member of LinkedIn and cannot see what the fuss is all about. I find the navigation system extremely hard to fathom out.
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