Your Web News in One Place

Help Webnuz

Referal links:

Sign up for GreenGeeks web hosting
August 5, 2011 07:31 pm GMT

Jeff Weiner on His First Earnings Call, LinkedIn's Revenue Mix and the Profit Surprise (TCTV)

If ringing the bell at the NASDAQ or NYSE is a momentary victory dance for a Silicon Valley CEO (or, you know, a has-been cartoon character from my youth that may or may not represent a veiled argument for communism), the first earnings announcement can be the cold splash of reality: You are now Wall Street's bitch. And Wall Street was not in a happy mood yesterday.Thankfully for LinkedIn CEO Jeff Weiner, the company made its debut on the quarterly conference call with surprisingly good earnings-- particularly profits no one was expecting and significant jumps in user growth. (Wall Street, only impressed for a few hours, has been trading the stock down this morning; still LinkedIn has held up decentlycomparedto others.)We spent some time with Weiner at the company's headquarters in Mountain View yesterday to talk about a lot of things: The quarter, that valuation, whether LinkedIn has opened the market or proven you have to be a $5 billion-$10 billion whopper of a company to get out and sustain a good price, and the debate over whether people still want everything relating to their professional life siloed on one social network, or mixed in to Facebook and Twitter.

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/uuWPL4UifBo/

Share this article:    Share on Facebook
View Full Article

Techcrunch

TechCrunch is a leading technology blog, dedicated to obsessively profiling startups, reviewing new Internet products, and breaking tech news.

More About this Source Visit Techcrunch