As a result of these numbers, Linked In's stock increased to roughly 2 a share.
On June 13, 2016, Microsoft announced that it would acquire Linked In for 6 a share, a total value of .2 billion and the largest acquisition made by Microsoft to date.
The acquisition would be an all-cash, debt-financed transaction.
Microsoft would allow Linked In to "retain its distinct brand, culture and independence", with Weiner to remain as CEO, who would then report to Microsoft CEO Satya Nadella.
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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.
Shortly after the IPO, the site's underlying infrastructure was revised to allow accelerated revision-release cycles.
In January 2016, the company had around 9,200 employees.
Relationships today are consumed with flirty text messages and awkward emails – where did face-to-face interaction even go?
But let’s be honest…if you’re looking for a long-term relationship, you’re not interested in playing games. There were awkward formal introductions, sweet smiles across the table, and actual conversations to learn about one another – rather than just an impersonal Google or Facebook search.
The court agreed with Linked In that permission had in fact been given for invitations to be sent, but not for the two further reminder emails.
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.