Wall Street Likes LinkedIn More Than Facebook Because It's Professional Vs Social: Which Do You Like More?
Fef 2012/08/06 22:00:00
Brendan Wallace argues in his piece on Forbes.com that Wall Street likes businesses that it can understand -- and Wall Street still doesn't understand how to value or price the social networking phenomenon known as "Facebook."
LinkedIn is no Silicon Valley darling when it comes to drawing eyeballs, press attention, or inspiring Hollywood movies. There was no drama or intrigue around its founding; it is one-sixth the size of Facebook and grew far slower, and it is run by a CEO in his 40s, not his 20s. But the post-IPO performance of LinkedIn’s stock highlights why it is so valuable as a company despite its bland reputation.
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