Posted by Admin - May 24th, 2011

LinkedIn, for those who don’t know, is one of the largest social networking sites in the world. It is essentially a Facebook for professionals, a way to present yourself to the online world in a professional manner, rather than Facebook’s invasive and personal manner. Recently, LinkedIn went public–the money that is received from investors shocked the entire industry. The initial public offering stocked up $352.8 million dollars in short order, cash that LinkedIn can now use to bolster it’s company. So what are they going to do with it?

The company mentioned that it could use its IPO proceeds for “acquisitions of complementary businesses, technologies, or other assets” in its S-1 filing to the Securities & Exchange Commission. While mention of mergers and acquisitions is typically included in the boilerplate language of all public company filings, the Web has no shortage of potential acquisition candidates that could make their way onto LinkedIn’s shopping list.

The article linked above cites Hashable, Socialware, Yammer, Indeed.com, and Branchout. Each of these has its own strengths and weaknesses, each one has raised venture capital funds. The commonality is that each company is complimentary to LinkedIn.