4/11/2023 0 Comments Current linkedin stock price![]() BeKnown enables users to ring fence their professional network from their friends to address concerns over mixing business and personal affiliations. Just two weeks ago, Monster launched BeKnown in 35 different countries that account for 450 million Facebook users. If BranchOut can overcome this concern, it could become a viable alternative for those who are comfortable using Facebook for professional network or don’t want to build a new professional network on LinkedIn.īeKnown is Monster’s Answer to BranchOut, LinkedIn Īlthough BranchOut maintains that it allows people to connect professionally on Facebook without granting access to others personal Facebook profiles, some people are still leery of mixing their business and personal networks. User growth has surged to over 817,000 as of June 2011, which was boosted when the app started posting relevant job listings on its homepage. We estimate that recruitment services and job postings contribute 48% of LinkedIn’s stock price estimate.īranchOut was launched in August 2010 and has become the largest professional networking service on FaceBook in a short period of time. It started as an app that allowed users to see where their friends worked and see employment details of friends-of-friends. ![]() (see LinkedIn’s Valuation as Facebook of Recruiting Hard to Justify). We currently have a price estimate of $30 for LinkedIn’s stock, which is well below its current market price of around $100. LinkedIn competes with Monster (NYSE:MWW) in the recruitment services market and with Facebook and Google (NASDAQ:GOOG) in the social media and online advertising markets. Although LinkedIn has a clear lead in this market, its growth prospects could suffer if these apps take off. LinkedIn (NYSE:LNKD) is facing threats from apps such as BranchOut and Monster’s (NYSE:MWW) BeKnown that seek to leverage Facebook’s platform to take on LinkedIn’s lead in professional networking.
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