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Shortly after the IPO, the site's underlying infrastructure was revised to allow accelerated revision-release cycles.
In May 2012, Linked In announced that its Q1 2012 revenues were up to 8.5 million compared to .9 million in Q1 2011.
The basic functionality of Linked In allows users (workers and employers) to create profiles, which for employees typically consist of a curriculum vitae describing their work experience, education and training, skills, and a personal photo.
The site also enables members to make "connections" to each other in an online social network which may represent real-world professional relationships.
Members can invite anyone (whether an existing member or not) to become a connection.
The "gated-access approach" (where contact with any professional requires either an existing relationship or an introduction through a contact of theirs) is intended to build trust among the service's members.
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However, if the invitee selects "I don't know" or "Spam", this counts against the inviter.The company traded its first shares on May 19, 2011, under the NYSE symbol "LNKD", at per share.Shares of Linked In rose as much as 171% on their first day of trade on the New York Stock Exchange and closed at .25, more than 109% above IPO price.In January 2016, the company had around 9,200 employees.
The company was founded in December 2002 by Reid Hoffman and founding team members from Pay Pal and (Allen Blue, Eric Ly, Jean-Luc Vaillant, Lee Hower, Konstantin Guericke, Stephen Beitzel, David Eves, Ian Mc Nish, Yan Pujante, Chris Saccheri).
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