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Bessemer Venture Partners - LinkedIn Memo

  • Report
  • Dec 11, 2006
  • #StartupInvesting #Business
Jeremy Levine
@jeremyl
(Author)
www.bvp.com
See on www.bvp.com
1 Mention
1 Collection
Described as a MySpace for business users, LinkedIn was the most popular business networking site developed by a talented team of Silicon Valley entrepreneurs. But could LinkedIn de... Show More

Described as a MySpace for business users, LinkedIn was the most popular business networking site developed by a talented team of Silicon Valley entrepreneurs. But could LinkedIn develop a business model, expand beyond tech job seekers, and stave off competition from Facebook? Jeremy Levine bet they could by leading a round in 2006. Five years later, LinkedIn went public, and five years after that Microsoft acquired the business for $26 billion.

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Bessemer Venture Partners @BessemerVP
  • Curated in Memos
Described as a MySpace for business users, LinkedIn was the most popular business networking site developed by a talented team of Silicon Valley entrepreneurs. But could LinkedIn develop a business model, expand beyond tech job seekers, and stave off competition from Facebook? Jeremy Levine bet they could by leading a round in 2006. Five years later, LinkedIn went public, and five years after that Microsoft acquired the business for $26 billion.
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