Allen & Co. Managing Director Dave Wehner is out pitching a LinkedIn venture capital round at a whopping $1 billion valuation, multiple sources say. This is a story we've been working on and isn't fully baked yet, but VentureBeat started speculating about a potential buyout and so we're going with ...
paidcontent.org
This has been in the works for a while and now drum beats suggest it's close at hand. LinkedIn , the big business networking site, is close to or has raised a major late-stage round. VentueBeat first reported the raise (though the report is fairly vague), and TechCrunch says the company is looking for a round that would value the company at $1 billion. Again, it's still not clear whether the dotted line has been signed, or is close. The raise follows some big rounds from Meebo, Ning and Slide--relative to those three, LinkedIn is the furthest along in developing a business model, and consequently, it's talked about as a legitimate IPO candidate.
Found 10 days, 14 hours, 26 minutes, and 40 seconds ago
valleywag.com
LinkedIn has hired investment bank Allen & Co. to help it raise a round of funding that would set the company's value at $1 billion. Last fall, LinkedIn CEO Dan Nye said the company would sell itself outright only for a "a lot more" than $1 billion . In January, he told a reporter "an IPO is by far and away the most likely outcome." But that was January. While the public markets are rough, private equity remains flush, making it a safer bet for raising money. We hear LinkedIn takes a tidy profit, selling advertisers on its 41-year-old, six-figure-making average user and earning $45 CPMs on ads in the process.
Found 11 days, 2 hours, 14 minutes, and 8 seconds ago
texasstartupblog.com
Microsoft's Startup Team
Did you know that Microsoft has something called the Strategic & Emerging Business Team?ÃÂ According to Christopher Griffin , they focused on supporting the startup and venture investment ecosystem, especially high-potential companies working with our various technologies. They are structured similarly to a VC fund but typically invest via resources/relationships rather than with straight cash. You can get more info at Microsoft Startup Zone .ÃÂ In any event, Christopher contacted me about a post I wrote titled, " Raising Venture Capital in Dallas?
Found 11 days, 5 hours, 24 minutes, and 53 seconds ago
venturebeat.com
Additional details have since emerged: Techcrunch confirmed the funding angle yesterday afternoon, reporting that bank Allen & Co. was trying to help the Mountain View, Calif. company raise a round that would value it at $1 billion. Today, Silicon Alley Insider confirms that angle again , reporting that the round is nearly closed.
Found 10 days, 23 hours, 42 minutes, and 37 seconds ago
pehub.com
Updated after jump Lots of speculation that LinkedIn has raised a bunch of new VC funding at a valuation of approximately $1 billion (see here , here and here ).
Found 10 days, 23 hours, 4 minutes, and 53 seconds ago
web2list.com
5
| category: SocialNetwork | by Toro2 1 day ago | via www.techcrunch.com
Found 10 days, 19 hours, 24 minutes, and 56 seconds ago
fusionpr.blogspot.com
1 Billion-Dollars… Yes, 1 billion-dollars is the valuation given to the business/professional social-networking Web site LinkedIn , according to a posting by Caroline McCarthy of The Social Blog at CNET and a story on TechCrunch by Michael Arrington .
Found 10 days, 2 hours, 29 minutes, and 23 seconds ago
webware.com
On Monday, reports surfaced that business social network LinkedIn is likely looking to raise a round of venture capital (rather than find a corporate parent).
TechCrunch reports that investment bank Allen & Co. is hoping to help LinkedIn pull in that funding at a $1 billion valuation.
Spearheading the campaign is Dave Wehner , managing director of the Bay Area bank, who was reportedly a big part of Bebo's $850 million sale to AOL .
Why $1 billion? Well, LinkedIn says its target demographic has meant that it can pull in some pretty lucrative ad revenue, avoiding the " ad trap " that has hurt monetization efforts on the part of more general-focus social networks.
Found 25 days, 18 hours, 30 minutes, and 30 seconds ago
thylmann.net
Yang has been getting a lot of grief from angry shareholders for not taking Microsoft's $33 a share offer, and instead holding out for $37 or $38. Now his story keeps changing on when he learned about the $33 bid. But when Ballmer balked and called off the deal, that may have been when Yang's grip on power began to weaken.
Found 11 days, 17 hours, 31 minutes, and 27 seconds ago
news.com
On Monday, reports surfaced that business social network LinkedIn is likely looking to raise a round of venture capital (rather than find a corporate parent).
TechCrunch reports that investment bank Allen & Co. is hoping to help LinkedIn pull in that funding at a $1 billion valuation.
Spearheading the campaign is Dave Wehner , managing director of the Bay Area bank, who was reportedly a big part of Bebo's $850 million sale to AOL .
Why $1 billion? Well, LinkedIn says its target demographic has meant that it can pull in some pretty lucrative ad revenue, avoiding the " ad trap " that has hurt monetization efforts on the part of more general-focus social networks.
Found 11 days, 20 hours, 41 minutes, and 57 seconds ago
bandwidthblog.com
For those that have an eye on Adsense and all sorts of moneymakers, Google has a few interesting things to tell you : Adsense for Search is now powered by custom search. The benefits are simple but important at the same time, including improved indexing of pages, vertical search, the ability to fine tune search results and ads with keywords or selecting ad location.
From what I remember they've implemented the "new search" a couple of weeks ago but with some errors on the page so that users where not able to grab the code.
Found 9 days, 18 hours, 47 minutes, and 7 seconds ago
