LinkedIn Looking for $1 Billion Valuation

Yesterday I “revealed” LinkedIn’s plan for global domination. While it wasn’t much of a plan and instead a confession of my belief that LinkedIn will be extremely successful with their platform, there was a lot of buzz surrounding LinkedIn yesterday. Venturebeat began a rumor that LinkedIn might get acquired due to a board meeting going over.

Later in the day Techcrunch reported that there was some legitimacy to the rumors saying that their sources informed them that LinkedIn was being pitched by Allen & Co.

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