May 24, 2004

Investing in Linked In and some explosive growth numbers

Posted at 19:41 in People, Social Software | | 5 Comments | View blog reactions

Last week I had another great dinner in San Francisco with Reid Hoffman, founder of Linked In. Reid is one of the most impressive and visionary friends I know.

I am very proud to join its investors list. Reid has secured Series A financing of $4.7 million in November last year. The investment was led by Sequoia Capital, the venture investors behind well-known Internet brands such as Yahoo!, Google and PayPal. A round with business angels that I participated in will be announced within a few weeks.

Here is some information about Linked In's recent growth, if you are interested:

600,000+ users (30,000+ growth per week)
28,000,000+ email addresses sent through Linked In (3,000,000+ growth per week)
12 months old

Within the 600,000+ users:
265,000+ international users
120,000+ senior management-level users
8,000+ entrepreneurs
10,000+ VCs
100% professional users

and 28,000+ in France only.

Congrats, Reid !

Congratulations (potentially) on the (potentially good) investment :) I really like Linked In and am continuing to get friends into it bit by bit.

As for germany, I have the feeling though that www.openbc.com is a lot bigger, at least on the business side. They are currently taking off inside the business community in Germany. It's fun watching who is communicating with whom. And they do have a pay service, even though I do not know how many people pay.

Some interesting features are:
- See who looked at your personal page
- Searching via different fields and only making some fields available if you pay
- A great way to see your degrees of separation and via whom
- Discussion forums on given topics with RSS feeds
- Ability to open closed (private) discussion forums.

Very nice,

Oliver

Oliver Thylmann, May 24, 2004 at 20:45

Great company, great service. Need to adopt a clearer international strategy. If they want to get past the English speaking section of local business communities they better start thinking about translating the service and managing profiles in multiple languages.

Not to far apart from what Ublog is doing for Typepad :)

Julio, May 26, 2004 at 00:50

This is graet news, and we discussed of course in much more length this morning.

It seems to me you need to update your business angel profile now...

Wasn't there also something about CC ? (couldn't find your post on it :)

Rodrigo Sepulveda, May 26, 2004 at 01:53

Here is some information about Linked In's recent growth, if you are interested:

600,000+ users (30,000+ growth per week)
28,000,000+ email addresses sent through Linked In (3,000,000+ growth per week)
12 months old

Within the 600,000+ users:
265,000+ international users
120,000+ senior management-level users
8,000+ entrepreneurs
10,000+ VCs
100% professional users

and 28,000+ in France only.

german, August 24, 2004 at 23:40

Loic revela en su blog que acaba de invertir en LinkedIn en una nueva ronda para business angels y de paso nos cuenta algunos números sobre el servicio:

オンラインカジノ

sow, December 13, 2004 at 03:25

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Listed below are links to weblogs that reference Investing in Linked In and some explosive growth numbers:

» Linked In Investments from Paolo's Weblog.
Investing in Linked In and some explosive growth numbers . [Read More]

Tracked on May 25, 2004 10:30:00 AM

» 600k locked in and counting from Marc's Voice
Investing in Linked In and some explosive growth numbers . [Read More]

Tracked on May 25, 2004 9:26:47 PM

» Algunos números sobre LinkedIn from Merodeando por la enredadera
Loic revela en su blog que acaba de invertir en LinkedIn en una nueva ronda para business angels y de paso nos cuenta algunos números sobre el servicio: 600,000+ users (30,000+ growth per week) 28,000,000+ email addresses sent through Linked... [Read More]

Tracked on May 26, 2004 12:49:27 AM

» Algunos números sobre LinkedIn from Merodeando por la enredadera
Loic revela en su blog que acaba de invertir en LinkedIn en una nueva ronda para business angels y de paso nos cuenta algunos números sobre el servicio: 600,000+ users (30,000+ growth per week) 28,000,000+ email addresses sent through Linked... [Read More]

Tracked on May 26, 2004 12:50:59 AM

» Linkedin gets more angel $? from rtwodtwo
http://www.loiclemeur.com/english/2004/05/investing_in_li.html A round with business angels that I participated in will be announced within a few weeks. Here is some information about Linked In's recent growth, if you are interested: 600,000+ users (30... [Read More]

Tracked on May 26, 2004 12:03:37 PM

» LinkedIn Gets More Cash? from Spiderware.com - social, economic and spiritual networking
Loic Le Meur says he has participated in an investment round of business angels to be announced in a few weeks. [Read More]

Tracked on May 28, 2004 5:24:13 AM


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Welcome to my blog. Based in San Francisco, I am an entrepreneur and a blogger. I just started my fifth startup, Seesmic, a community driven video social software. Here is what TechCrunch says about it.

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