TELEGRAPH.CO.UK -- Nov 21 -- Reid Hoffman, co-founder of professional networking site LinkedIn, doesn't take a holiday. In 2002 he helped sell PayPal to eBay for $1.5bn. Most recently, he has invested in Kongregate, the social gaming website. He has also taken a stake in Grockit.com, an educational site which has yet to be launched. LinkedIn is now the largest professional networking site in the UK, with 1m users. "I would make LinkedIn a public company – but not until we've finished innovating, said Mr Hoffman. FULL ARTICLE @ TELEGRAPH.CO.UK
Mark Brooks: LinkedIn competes with Viadeo and Xing in Europe. Ryze used to be competition for LinkeIn in the USA but seems to be sliding into obscurity. See Alexa comparison. There's still room for competition in the business networking market.