Hitting the Links
It's easy to bash social networking sites after the Facebook (FB) fiasco, but LinkedIn (LNKD) is cut from a different cloth, with a business model that should produce consistent growth in coming years. The company has already made great strides in converting eyeballs into dollar bills with a job search function that offers an alternative to Craig's List and traditional employment sites.
The company shot itself in the foot earlier this month when it reported a security breach that compromised thousands of member passwords. It has taken steps to fix the problem and salvage its damaged reputation but the timing, just two weeks after the Facebook IPO, didn't help sector sentiment or shareholders' willingness to ride out the storm....405 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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