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

Online Digital Music - Pandora' Box

Image via CrunchBase"Pandora, the popular Internet radio service, filed for an initial public offering in February that would raise $100 million. Spotify, a highly lauded European service, is reportedly raising $100 million from private equity firms to help it come to the United States."


The New York Times notes that


"Since it emerged in the 1990s, digital music has been hugely popular with fans, but for online music companies and their investors it has almost never been profitable."


See


Investors Are Drawn Anew to Digital Music