Old 06-18-2008, 05:50 AM Offline   #1 (permalink)



 
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Default LinkedIn Connects To $1 Billion Valuation

Four VC firms are betting that LinkedIn, the social network for your business contacts, is worth a cool $1 billion. Bain Capital Ventures, Sequoia Capital, Greylock Partners and Bessemer Venture Partners announced today that they are taking a 5 percent stake in the company for $53 million.

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