Social Networking Conference
Social Networking Conference Message Boards
THE MESSAGE BOARDS FOR THE SOCIAL NETWORKING INDUSTRY
Business Forums for the Social Media Industry
Social Network Business Convention
Register for the Social Networking Conference in
Speakers for the Social Networking Conference in
Agenda for at the Social Networking Conference in
Sponsors at the Social Networking Conference in
Hotel/Venue and Travel to
Social Networking Industry Business Message Boards & Forums
About the Social Networking Conference in | Contact us
Frequently Asked Questions about the Social Networking Conference in
Social Networking Industry
Academia Sponsors
INSNA International Network For Social Network Analysis

Media Sponsors
Social Networking Watch

Mashable

Social Networking Japan

Web Host Industry Review

Center Networks
  ,


Itelebill
COMMUNITY FOR THE SOCIAL NETWORKING INDUSTRY

Social Bookmarks:  Delicious  Digg  Reddit  Magnolia  Newsvine  Furl  Facebook  Technorati
Goto Thread: Previous•Next
Goto: Forum List•Message List•New Topic•Search•Log In
LinkedIn Path Is Paved With Gold
Posted by: snwmark (---.eurotel.cz)
Date: March 10, 2008 01:38PM

ASOCIATED PRESS -- Mar 9 -- Reid Hoffman, co-founder and chairman of LinkedIn, said the company will probably file for an initial public offering of stock before 2010. Former LinkedIn executive, Keith Rabois, believes Hoffman needs to pursue an IPO as soon as possible to create a bigger buzz about the service. About 18M people now have profiles on the site, roughly twice as many as a year ago and more than 1M people joining LinkedIn each month. The projected 2008 revenue is $75M to $100M.

MORE NEWS @ SOCIAL NETWORKING WATCH


Options: Reply To This Message•Quote This Message
Re: LinkedIn Path Is Paved With Gold
Posted by: yorktown (Moderator)
Date: March 10, 2008 09:27PM

Linked in should be the 900 Pound Guerilla of Business Social Networking. They are charging USD $200 per month for membership. People are paying for annual memberships of USD $2000.

Compare this to online dating: $20 per month, with the average customer lasting 3-4 months. ($60-80 in revenue).

In one month, Linkedin makes ten times what an online dating site does with one customer. In one month, Linked In makes the equivalent of 3 customer's lifetime revenue from online personals.

The reason why I mention online personals is it is a highly profitable social networking business and a good comparison tool.

Most casual social networking sites are solely relying on Ad revenue (a huge error of judgement in my mind). If a site can bring members to pay for it, that this a good step in the way of a business with recurring revenue.

Business social networking will certainly dominate the market in terms of dollars generated.

Looking forward to seeing everyone in San Francisco on this one :-)

Marc Lesnick
Conference Organizer
Social Networking Conference
July 10-11, 2008
Mission Bay Conference Center at UCSB
San Francisco


Options: Reply To This Message•Quote This Message


Goto: Forum List•Message List•Search•Log In
Your Name: 
Your Email: 
Subject: 

 


 FUTURE SOCIAL NETWORKING CONFERENCES
Moscow, Russia - September 29-30, 2011
             (Eastern European Market Focus & Mobile/Wireless)
Miami, USA - January 24-25, 2012
             (Global Market Focus)
Los Angeles USA - June 2012
             (Mobile & Enterprise Technologies for Social Networking)
 Questions?
Tel USA +1 212 722-1744 ext. 79
or e-Mail

Copyright © 2003-2012
Internet Business Conferences LTD
All Rights Reserved.