LinkedIn is better than Facebook
This year, LinkedIn reported one of the most excellent rallies. According to analysts, investors must add LinkedIn stocks to their portfolios and take advantage of one of the internet's incredible opportunities.
LinkedIn traded close to its 52-week high of US$207. "LinkedIn is nothing like Facebook," Jeff Weiner, LinkedIn CEO, said.
Each hour that was spent by LinkedIn's user on the site permits the company to earn US$1.30. Facebook could only generate about US$0.06. Moreover, LinkedIn could generate profits even when its users logged out of their account. Facebook could not earn that way.
Furthermore, LinkedIn's stock gained up to 60% this 2013. LinkedIn's leading Recruiter product was said to be the company's core. It was expected to grow immensely considering the growth of personal branding and entrepreneurship. The company's stock was set to trade higher both soon and in the future. LinkedIn's ventures would let it expand, provide better services and offer good revenue for venture capitalists.