LinkedIn valued at $250 million

Steve Safran December 22nd, 2006

On my annual list of Stuff I Got Seriously Wrong was LinkedIn. I joined up a few years ago, and then didn’t really hear from anyone. So I thought it was passe. Classic journalist mistake: assume your experience is universal. All of a sudden, I started getting a ton of invites (still welcome: mail@stevesafran.com.) from friends. Turns out LinkedIn is now valued at $250 million and just got another $13 million in funding. When I’m wrong, I’m spectacularly wrong. Adds Cory: Which makes LinkedIn so valuable, in my opinion, is the feature that suggests open jobs to you, then points out people you have in common with the hiring manager. This has to be the most powerful feature I’ve seen on any job site.