LinkedIn: 'Bulk of the Revenue Comes from Recruiting'

LinkedIn priced it's IPO (Initial Public Offering or 'Float' for everyone down under) at the top of the indicated price range at US$45 per share, which will see it raising US$274 million.

It is interesting to see that the bulk of it's revenue generated last year of US$274 million came from recuiting.

Recruiting?

And you really thought this was a only a site that allowed you to connect with business friends, colleagues and partners. Did you?

see SAI Business Insider's Chart of the Day - Where LinkedIn's Revenue Comes From