LinkedIn Usage and Revenue Statistics (2024)

LinkedIn is the world’s preeminent social network for professionals. Members create CVs, list their current and previous job roles, skills and education. The business network is also a recruiting website, with businesses able to create profiles and list current vacancies. LinkedIn was initially conceived in cofounder Reid Hoffman’s living room in 2002. Hoffman had previously worked for Apple, creating eWorld, which was an early attempt at a social network later snapped up by AOL. He would have another go at establishing a social network in 1997 with SocialNet.com, which aimed to connect people with similar interests. Hoffman had a stint at PayPal with college roommate Peter Thiel, before launching LinkedIn on May 5, 2003. Take up was slow, however, Sequoia Capital provided the initial investment … Continue reading LinkedIn Usage and Revenue Statistics (2024)