Venture Capitalists Bet LinkedIn Worth US$1 Billion

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19 June 2008
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Four venture capital firms are betting internet startup LinkedIn is worth $US1 billion, highlighting the lofty hopes riding on online services that connect people with their friends, family and business associates. The 10-figure valuation is implied by a $US53 million investment being announced on Wednesday from Bain Capital Ventures, Sequoia Capital, Greylock Partners and Bessemer Venture Partner

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