Guide Note

The social networking site LinkedIn has been valued at an estimated $1 billion by venture capitalists.¹

The estimate follows a $53 million fourth-round investment from several firms aimed at funding the site's expansion into European markets.¹

It is one of the highest valuations of a Silicon Valley company in recent years.¹

Fast Facts

1. LinkedIn is 6 years old
2. Received $53 million investment on June 18, 2008
3. Represents a 5 percent share in the company
4. Investors: Bain Capital Ventures, Sequoia Capital, Greylock Partners and Bessemer Venture Partners
5. Company's estimated value: $1 billion
6. Largest valuation since Facebook in 2007
7. Facebook was valued at $15 billion after a $240 million investment by Microsoft

On June 18, 2008 it was announced that a group of four venture capital firms would make a $53 million investment in LinkedIn, a Silicon Valley-based social networking site geared towards professional networking.¹

The firms Bain Capital Ventures, Sequoia Capital, Greylock Partners and Bessemer Venture Partners will take a 5 percent share in the company.¹