This article from Fortune.com is talking about the professional networking site that the professor spoke about in class. Linkedin.com has been dramatically growing within the last couple of months as a result of the economic situation in the country. Right now, the fastest growing city is Detroit where many layoffs have occurred. In one month the traffic to the site has more than doubled from 3.3 million in January 2009 to 6.9 million in February 2009. Linkedin.com greatly suffered from its competitors like facebook.com, and twitter.com and many thought that it would never recover. But linkedin is different because it is for professional networking only something both facebook and twitter do not have. This has caused such a growth in the company from 2 continuous years of negative profit to $100 Million in profit this year.
Link: http://money.cnn.com/2009/03/24/technology/hempel_linkedin.fortune/index.htm?postversion=2009032412
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